Computer-Security Incident Notification Requirements for Banks

Three federal banking agencies (i.e., the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency) recently published a final rule requiring “banking organizations” to notify their primary federal regulator within 36 hours in the event of certain types of computer-security incidents. This further expanded the already numerous reporting requirements for financial institutions.

In this webinar, we will briefly outline the existing and developing requirements faced by banking organizations.

TOPICS WILL INCLUDE:

• Overview of the Cybersecurity Landscape
• Federal Banking Agencies Incident Notification
• NY DFS Cybersecurity Event Notification
• Law Breach Notification
• GDPR
• Common Issues Arising Under Cyber Investigations
• Next Steps/Recommendations