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OCC: Cyber-Security Priorities for 2015

Jaclyn Jaeger | June 9, 2015

Comptroller of the Currency Thomas Curry last week provided an overview of the top cyber-security priorities that the Office of the Comptroller of the Currency will be focusing on for the remainder of 2015.

In remarks at the BITS Emerging Payment Forum, Curry said one of his top priorities is to address the risks that cyber threats pose to banks. This effort “necessarily requires extensive and ongoing coordination” among regulators, the financial sector, and other critical infrastructure sectors, he said.

On an interagency basis, the OCC created the Cybersecurity and Critical Infrastructure Working Group under the umbrella of the Federal Financial Institutions Examination Council "to increase cyber-security awareness, promote best practices in the industry, and to strengthen regulatory oversight of cyber-security readiness," Curry said.

Following an assessment conducted jointly...

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