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OCC on Cybersecurity: More Regs on Way?

Comptroller of the Currency Thomas Curry highlighted the urgency of addressing emerging cyberthreats. Curry: “We need to identify and address gaps in the landscape of federal and state bank examination policies related to cybersecurity and critical infrastructure resilience” Curry also noted the need for more regulatory oversight of third-party service providers. Analyst: “I would not be surprised if regulators sought a way to indirectly influence the actions of vendors that they find lacking by introducing a mechanism that effectively steers FIs away from vendors that are not up to snuff””]

Source: https://www.cuinfosecurity.com/occ-on-cybersecurity-more-regs-on-way-a-6083

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