A banking organization is required to
notify its primary Federal banking regulator of any
“computer-security incident” that rises to the level of a
“notification incident,” as soon as possible and no later than 36
hours after the banking organization determines that a notification
incident has occurred. A bank service provider is required to
notify each affected banking organization customer as soon as
possible when the bank service provider determines that it has
experienced a computer-security incident, that has caused, or is
reasonably likely to cause, a material service disruption or
degradation for four or more hours.
US Code:
12
USC 324 Name of Law: Federal Reserve Act
US Code: 12
USC 248(a) Name of Law: Federal Reserve Act
US Code: 12
USC 602 Name of Law: Federal Reserve Act
US Code: 12
USC 625 Name of Law: Federal Reserve Act
US Code: 12
USC 1844(c) Name of Law: Bank Holding Company Act of 1956
US Code:
12 USC 1467a(b)(2) Name of Law: Home Owners’ Loan Act
US Code:
12 USC 3105(c)(2) Name of Law: International Banking Act of
1978
US Code: 12
USC 3106(a) Name of Law: International Banking Act of 1978
US Code: 12
USC 3108(a) Name of Law: International Banking Act of 1978
US Code: 12
USC 1867(c) Name of Law: Bank Service Company Act
US Code: 12
USC 1867(d) Name of Law: Bank Service Company Act
Richard Palmer 202 502-8438
Richard.Palmer@ferc.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.