The Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a joint statement setting out enhanced security procedures for reviewing highly sensitive information during examinations of supervised banks. The measures are intended to reduce cybersecurity risk while ensuring examiners can access needed information, including by reviewing some materials on-site instead of transferring them onto agency systems. The statement describes a coordinated approach to identifying highly sensitive data and documents and to applying enhanced review procedures during examinations. It also commits the agencies to notify affected banks of any potential or confirmed material data breach involving confidential supervisory information as soon as practicable and no later than 72 hours after discovery, unless legal restrictions apply.
Federal Reserve Board2026-07-16
Federal Reserve Board, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency issue joint statement on secure handling of highly sensitive bank examination information
The Federal Reserve Board, FDIC and OCC issued a joint statement on enhanced security procedures for handling highly sensitive information during bank examinations. The approach includes reviewing some materials on-site rather than moving them onto agency systems and sets a commitment to notify affected banks of potential or confirmed material breaches involving confidential supervisory information within 72 hours of discovery, unless legal restrictions apply.