MINIMUM INFORMATION SYSTEM MANAGEMENT STANDARDS FOR FINANCIAL INSTITUTIONS

Original scientific paper
Autor: Vladan Pantović, MSc, PMP, Stanislav Petrović, Radmila Ristić
JEL: G21, M15

Summary: The implementation of modern information technologies in financial institutions offers a wide range of possibilities for the advancement of their business, at the same time, however, causing considerable exposure to information system risk. In order to avoid or mitigate the adverse effects of this risk, it is necessary to ensure adequate management of these systems. To this end, in early 2013, the National Bank of Serbia adopted a new by-law, defining the minimum standards and conditions for stable and secure operations of financial institutions, relating to information system management.

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