Agencies Extend Comment Period for Advance Notice of Proposed Rulemaking on Enhanced Cyber Risk Management Standards

Press Release

Joint Release Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
For Immediate Release January 13, 2017

Agencies Extend Comment Period for Advance Notice of Proposed Rulemaking on Enhanced Cyber Risk Management Standards

The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation on Friday extended until February 17, 2017, the comment period for the advance notice of proposed rulemaking on enhanced cyber risk management standards for large and interconnected entities under their supervision and those entities' service providers.

The agencies are considering five categories of cyber standards: cyber risk governance; cyber risk management; internal dependency management; external dependency management; and incident response, cyber resilience, and situational awareness.

Originally, comments were due by January 17, 2017. The agencies extended the comment period to allow interested persons more time to analyze the issues and prepare their comments.

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Media Contacts:
FDIC Julianne Fisher Breitbeil (202) 898-6895
Federal Reserve Darren Gersh (202) 452-2955
OCC Stephanie Collins (202) 649-6870

FDIC: PR-03-2017

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