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New Cybersecurity Incident Notification Rule - What Do You Need to Know?

While this new requirement is certainly a big deal, the rule comes with some caveats and more clearly defined standards for reporting.

OnDemand
Recorded Thursday,
February 3rd, 2022
Presented by Jon Waldman
1h 30m total length
$279.00 or 1 Token

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Risk Management/Legal
  • Board Member
  • Internal Auditor
  • IT Professional
  • Privacy Officer/Information Security Professional
  • Risk Manager
  • Security Officer
  • Senior Management

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On November 18th, 2021, the FDIC, Federal Reserve, and OCC jointly published a final rule that imposes a new 36-hour notification requirement on banking organizations and bank service providers following significant cybersecurity incidents. While this new requirement is certainly a big deal, the rule comes with some caveats and more clearly defined standards for reporting.

What You'll Learn

  • The definitive requirements of the new Incident Notification Rule
  • Definitions of "Incident" and "Notification Incident" specified in the Rule
  • Actions to Take Immediately
  • How does this new Rule affect the rest of your Incident Response Program
  • Components of an IRP that help achieve the new Rule requirements

Who Should Attend

Information Security Officer, IT Manager, Risk Officer, Internal Auditor, Board members, or other management team members looking to understand risks from Ransomware.

Jon Waldman

Instructor Bio

Jon Waldman is a co-founder and Senior Information Security Consultant for SBS CyberSecurity, a premier cybersecurity consulting and audit firm dedicated to making a positive impact on the banking and financial services industry. He maintains his CISA and CRISC certifications and received his Bachelor of Science in Computer Information Systems and his Master of Science in Information Assurance with an emphasis in Banking and Finance Security from Dakota State University. Over the last ten years, Jon has helped hundreds of financial institutions across the country create and implement comprehensive, valuable, and manageable Information Security Programs. He also conducts webinars and certification programs for the SBS Institute.

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