Federal Financial Institutions Examination Council issues new cyber-resiliency guidelines in February. Director of bank IT for the Office of the Comptroller of the Currency speaks to Information Security Media Group. Kevin Greenfield: Financial institutions of all types and sizes must remain vigilant to protect against and mitigate the risks they face. OCC: Increased outsourcing of critical bank activities; greater reliance by third parties on subcontractors;Ensuring that services are provided in compliance with applicable laws and regulations; and maintaining the security and confidentiality of sensitive customer information.”]
Source: https://www.cuinfosecurity.com/occ-expands-on-third-party-cyber-risks-a-7979