Cybersecurity & Other Risks: OCC Outlines Key Examination Areas for 2016

Image Source: Google Images

Image Source: Google Images

On December 16, 2015, the Office of the Comptroller of the Currency (OCC) issued its semiannual risk assessments for federally chartered financial institutions (the “OCC Report”). According to the Comptroller: “Strategic, underwriting, cybersecurity, compliance, and interest rate risks remain the OCC’s top supervisory concerns.”

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