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RULES, RULINGS & ESG – April 2022

Edward J. DeMarco, Jr.

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COMPLYING WITH THE COMPUTER-SECURITY INCIDENT NOTIFICATION REQUIREMENTS FOR BANKING ORGANIZATIONS

IN NOVEMBER 2021, the federal bank regulatory agencies announced a final rule regarding Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers. The rule requires a banking organization to notify its primary federal regulator of any “computer-security incident” that rises to the level of a “notification incid…

About the Author
Edward J. DeMarco, Jr.
Chief Administrative Officer & General Counsel, RMA
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