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Financial Services Law Insights and Observations

Treasury seeks information on financial sector cybersecurity risks

Agency Rule-Making & Guidance Department of Treasury Privacy/Cyber Risk & Data Security

Agency Rule-Making & Guidance

On January 22, the Department of the Treasury published a request for comments on a proposed information collection designed to better understand cybersecurity risks facing the U.S. financial services sector and financial services critical infrastructure. The “Financial Sector Critical Infrastructure Cybersecurity Survey,” issued by the Department’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP), seeks feedback on ways to enhance resilience within the financial services sector and reduce operational risk. The proposal will also support OCCIP efforts to work collaboratively with industry and interagency partners on these strategies. Comments are due March 23.