Recital 8 Legacy ICT systems

To ensure a proper management of the legacy ICT systemsmeans an ICT system that has reached the end of its lifecycle (end-of-life), that is not suitable for upgrades or fixes, for technological or commercial reasons, or is no longer supported by its supplier or by an ICT third-party service provider, but that is still in use and supports the functions of the financial entity; risk, financial entities should record and monitor end-dates of ICT third party support services. Because of the potential impact that a loss of confidentiality, integrity and availability of data may have, financial entities should focus on those ICT assetsmeans a software or hardware asset in the network and information systems used by the financial entity; or systems that are critical for business operation when recording and monitoring those end-dates.