Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Enhanced Cyber Risk Management Standards: Advanced Notice of Proposed Rulemaking

“The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are inviting comment on an advance notice of proposed rulemaking (ANPR) regarding enhanced cyber risk management standards (enhanced standards) for large and interconnected entities under their supervision. The agencies are considering establishing enhanced standards to increase the operational resilience of a covered entity, lower the probability of a covered entity’s failure or inability to serve as a financial intermediary, and reduce the potential impact on the financial system of a cyber event affecting a covered entity. The ANPR was published in the Federal Register on October 26, 2016, and comments are due by January 17, 2017.”

Sorry, comments are closed for this post.