News & Analysis as of

Federal Financial Institutions Examination Council Cyber Insurance

A&O Shearman

US Federal Financial Institutions Examination Council Issues Joint Statement Regarding Cyber Insurance

A&O Shearman on

The U.S. Federal Financial Institutions Examination Council members released a joint statement with respect to cyber insurance and its role in risk management. FFIEC members include the U.S. Board of Governors of the Federal...more

Nutter McClennen & Fish LLP

Nutter Bank Report, April 2018

Treasury Report Recommends Changes to Community Reinvestment Act Rules - The U.S. Department of the Treasury has released a report recommending changes to the federal banking agencies’ rules that implement the Community...more

Robinson+Cole Data Privacy + Security Insider

FFIEC Members Issue Joint Statement to Financial Institutions on Role of Cyber Insurance as Risk Management Tool

On April 10, the Federal Financial Institutions Examination Council (FFIEC) members issued a joint statement discussing cyber insurance and its potential role in the risk management programs of financial institutions. ...more

Bradley Arant Boult Cummings LLP

FFIEC Highlights Cyber Insurance for Financial Institutions

The Federal Financial Institutions Examination Council (FFIEC) has issued a joint statement emphasizing the need for lenders and servicers to include cyber insurance in their risk management program. Although the FFIEC did...more

Balch & Bingham LLP

Federal Regulatory Agencies Issue Joint Guidance to Financial Institutions on Cyber Insurance

Balch & Bingham LLP on

The Federal Financial Institutions Examination Council (FFIEC) has issued a joint statement providing guidance for financial institutions about the role of cyber insurance in risk management of informational technology...more

Vedder Price

How to Evaluate Cyber Insurance Options?

Vedder Price on

On April 10, 2018, the Federal Financial Institutions Examination Council (the “FFIEC”), an interagency body composed of the Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal...more

Davis Wright Tremaine LLP

Federal Regulatory Agencies Advise on Cyber Insurance for Information Security Programs

Federal regulatory agencies, acting through the Federal Financial Institutions Examination Council (FFIEC), have issued guidance for financial institutions about the role of cyber insurance in risk management of information...more

Clark Hill PLC

Cyber Insurance: Don't Ignore This Point of Emphasis By Banking Regulators

Clark Hill PLC on

The Federal Financial Institutions Examination Council (“FFIEC”) (an entity consisting of all the federal financial institution regulators and five state regulators) issued a Statement to provide awareness of the potential...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Privacy & Cybersecurity Update - June 2016"

In this edition of our Privacy & Cybersecurity Update, we examine the impact of Brexit on EU data protection, court rulings on cyber insurance policy exclusions and coverage gaps, recent statements from the FTC and the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - July 2015

Seventh Circuit Decision May Make It Easier for Class Action Plaintiffs to Establish Standing in Data Breach Cases - The Seventh Circuit has issued a decision that could make it much easier for class action plaintiffs to...more

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