Comptroller of the Currency Thomas Curry highlighted the urgency of addressing emerging cyberthreats. Curry also noted the need for more regulatory oversight of third-party service providers. Security experts say the speech could be an early indication regulators will provide more clarification. But others question whether regulators are really ready to ramp up enforcement. “Cooperation and shared intelligence – these can no longer be empty phrases,” an analyst says of cybersecurity efforts. “Many organizations, not limited to banks, will have to participate to implement recommended changes,” he says.”]
Source: https://www.govinfosecurity.com/occ-on-cybersecurity-more-regs-on-way-a-6083