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View ICR - OIRA Conclusion

OMB Control No: 3064-0214	ICR Reference No: 202111-3064-008
Status: Historical Active	Previous ICR Reference No: 202101-3064-001
Agency/Subagency: FDIC	Agency Tracking No:
Title: Computer Security Incident Notification Requirements
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/18/2022
	Date Received in OIRA: 12/09/2021
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2025	36 Months From Approved
Responses	898	0	0
Time Burden (Hours)	2,694	0	0
Cost Burden (Dollars)	0	0	0

Authorizing Statute(s): US Code: 12 USC 1811 Name of Law: Federal Deposit Insurance Act
   US Code: 12 USC 1813 Name of Law: Federal Deposit Insurance Act
   US Code: 12 USC 1617 Name of Law: Federal Deposit Insurance Act
   US Code: 12 USC 1819 Name of Law: Federal Deposit Insurance Act
   US Code: 12 USC 1861-1867 Name of Law: Federal Deposit Insurance Act
   US Code: 12 USC 1463 Name of Law: Supervision of Savings Associations

Citations for New Statutory Requirements: None

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	898	898
Annual Time Burden (Hours)	2,694	2,694
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: New rule adopted that requires a banking organization to provide its primary federal regulator with prompt notification of any “computer-security incident” that rises to the level of a “notification incident” as defined in the rule. The rule requires such notification upon the occurrence of a notification incident as soon as possible and no later than 36 hours after the banking organization has determined that the incident occurred. This notification requirement is intended to serve as an early alert to a banking organization’s primary federal regulator and is not intended to provide an assessment of the incident. The rule allows a banking organization to authorize or contract with a bank service provider to allow the bank service provider to make the relevant notifications to the banking organization’s primary federal regulator on the banking organization’s behalf.

Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

Agency Contact: Manuel Cabeza 202 898-3781 mcabeza@fdic.gov

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