Heightened Cybersecurity Risk Considerations
Summary
In response to the heightened cybersecurity risk facing the financial services industry and other critical business sectors, the FDIC and the Office of the Comptroller of the Currency issued an interagency statement on heightened cybersecurity risk. The statement focuses on risk management principles that can reduce the risk of a cyber-attack and minimize business disruptions.
Statement of Applicability to Institutions under $1 Billion in Total Assets:
This Financial Institution Letter applies to all FDIC-supervised institutions, including community institutions.
Suggested Distribution:
FDIC-Supervised Institutions
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