🔒OCC Guidance on Unauthorized Access to Customer Information Renewal
Agency Information Collection Activities: Information Collection Renewal; Comment Request; Guidance Regarding Unauthorized Access to Customer Information
Summary
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and respondents are not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Guidance Regarding Unauthorized Access to Customer Information."
Agencies
- Treasury Department
- Comptroller of the Currency
Business Impact
$$ - Med
The OCC's notice regarding the renewal of guidance on unauthorized access to customer information has significant compliance implications for financial institutions. Businesses must adhere to established standards for safeguarding customer data and respond adequately to breaches, which may involve substantial operational adjustments.