The Computer-Security Incident Notification Rule requires US federal banking organizations and banking service providers to notify the https://www.occ.gov/news-issuances/bulletins/2021/bulletin-2021-55.html that a cybersecurity incident has occurred. In the context of increasing https://www.upguard.com/blog/biggest-cyber-threats-for-financial-services and a growing trend of using https://www.upguard.com/blog/third-party-risk-cyber-gaps, the Computer-Security Incident Notification Rule helps provide early awareness for the OCC so it can respond promptly to emerging threats to the broader financial system and ensure the financial stability of the United States. This post aims to help financial services organizations understand Computer-Security Incident Notification Rule requirements and how financial organizations can comply.
How UpGuard Can Help Banking Organizations Comply with the Computer-Security Incident Notification Rule UpGuard can help banking organizations and their third-party service providers comply with the Computer-Security Incident Notification Rule to quickly detect, monitor, mitigate, and remediate cyber threats and provide instant notifications should a notification-level threat arise.