Office of the Comptroller of the Currency issues updated guidance on third-party risks. OCC: New Guidance for Third-Party Risks is first major U.S. banking regulator to issue updated guidance. Other federal banking regulators, such as the Federal Deposit Insurance Corp., are expected to follow the OCC’s lead. The FDIC also has noted concerns about third party security vulnerabilities in the wake of the breach that compromised core processor Fidelity National Information Services, better known as FIS.”]
Source: https://www.cuinfosecurity.com/occ-new-guidance-for-third-party-risks-a-6187