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FDIC | RIN: 3064-AE45 | Publication ID: Fall 2016 |
Title: ●Enhanced Cyber Risk Management Standards | |
Abstract:
The Board of Governors of the Federal Reserve System (Board), the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the Agencies) are inviting comment on an advance notice of proposed rulemaking (ANPRM) regarding adapting their supervisory practices and establishing enhanced cyber risk management standards (standards) for large and interconnected entities under their supervision and for, as well as certain services that such entities receive from third parties. The Agencies are considering establishing standards to increase the entities’ operational resilience, lower the probability of their failure or inability to serve as financial intermediaries, and reduce their impact on the financial system and the broader economy in the event of a failure or material weakness associated with a cyber event. The Agencies are inviting comment on five categories of the standards: cyber risk governance; cyber risk management; internal dependency management; external dependency management; and incident response, cyber resilience, and situational awareness. |
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Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 12 CFR 364 | |
Legal Authority: Not Yet Determined |
Legal Deadline:
None |
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Timetable:
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Additional Information: Email comments to Comments@fdic.gov. Include Enhanced Cyber Risk Management Standards and RIN 3064-AE45 in the message line. | |
Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Information URL: https://www.fdic.gov/regulations/laws/federal/ | Public Comment URL: https://www.fdic.gov/regulations/laws/federal/ |
RIN Data Printed in the FR: No | |
Related Agencies: Joint: TREAS/OCC, FRS; | |
Agency Contact: Suzanne Dawley Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6509 Email: sdawley@fdic.gov |