81_FR_17302 81 FR 17243 - Federal Financial Institutions Examination Council Cybersecurity Assessment Tool Working Session in the National Institute of Standards and Technology Cybersecurity Framework Workshop

81 FR 17243 - Federal Financial Institutions Examination Council Cybersecurity Assessment Tool Working Session in the National Institute of Standards and Technology Cybersecurity Framework Workshop

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 81, Issue 59 (March 28, 2016)

Page Range17243-17244
FR Document2016-06949

The OCC, on behalf of itself, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and National Credit Union Administration (Agencies), announces a public meeting to receive feedback on the Federal Financial Institutions Examination Council (FFIEC) Cybersecurity Assessment Tool (Assessment).

Federal Register, Volume 81 Issue 59 (Monday, March 28, 2016)
[Federal Register Volume 81, Number 59 (Monday, March 28, 2016)]
[Notices]
[Pages 17243-17244]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-06949]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Federal Financial Institutions Examination Council Cybersecurity 
Assessment Tool Working Session in the National Institute of Standards 
and Technology Cybersecurity Framework Workshop

AGENCY: Office of the Comptroller of the Currency (``OCC''), Treasury.

ACTION: Notice of public meeting.

-----------------------------------------------------------------------

SUMMARY: The OCC, on behalf of itself, the Board of Governors of the 
Federal Reserve System, Federal Deposit Insurance Corporation, and 
National Credit Union Administration (Agencies), announces a public 
meeting to receive feedback on the Federal Financial Institutions 
Examination Council (FFIEC) Cybersecurity Assessment Tool (Assessment).

DATES: The Agencies will hold a public meeting on the Assessment on 
Thursday, April 7, 2016, beginning at 9:00 a.m. Eastern Daylight Time 
(EDT). The public meeting is a part of the National Institute of 
Standards and Technology (NIST) cybersecurity framework workshop, 
taking place on Wednesday, April 6, and Thursday, April 7, 2016. The 
public meeting on the Assessment will be a separate working session 
(Assessment working session) during the NIST workshop and will be open 
to any individual registered for the NIST workshop. Registrations for 
the NIST workshop will be accepted until March 31, 2016 11:59 p.m. EDT. 
There is no cost for registering for the workshop or attending the 
working session. Attendance at the Assessment working session will be 
on a first-come, first-served basis. The NIST workshop, including the 
Assessment working session, will be Webcast at http://www.nist.gov/itl/acd/cybersecurity-framework-workshop-2016.cfm.

ADDRESSES: The Assessment working session will be held on April 7, 2016 
at 9:00 a.m., at the NIST Campus, 100 Bureau Drive, Gaithersburg, 
Maryland 20899. All participants must pre-register at http://www.nist.gov/itl/acd/cybersecurity-framework-workshop-2016.cfm.

FOR FURTHER INFORMATION CONTACT: Beth Knickerbocker, Counsel (202) 649-
5490, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 400 7th Street SW., Suite 3E-218, Mail 
Stop 9W-11, Washington, DC 20219.

SUPPLEMENTARY INFORMATION:  The FFIEC, on behalf of its members, 
released the Assessment on June 30, 2015, to help institutions identify 
their cyber risk and assess their cybersecurity preparedness. The 
purpose of the Assessment working session is to obtain substantive 
input from financial institutions and other interested parties on ways 
to improve the Assessment.
    The Agencies are holding the Assessment working session on April 7, 
2016, as a part of the NIST workshop, at the NIST Campus--100 Bureau 
Drive, Gaithersburg, Maryland 20899. The NIST workshop, including the 
Assessment working session, will be Webcast online at http://www.nist.gov/itl/acd/cybersecurity-framework-workshop-2016.cfm. The in-
person Assessment working session will be open to any individual 
registered for the NIST workshop and attendance will be on a first-
come, first-served basis. There is no cost for registering for the 
workshop or attending the working session. The Assessment working 
session will provide a forum for discussion of all aspects of the 
Assessment and will be an opportunity for interested persons to ask 
questions about the Assessment. Specifically, interested parties are 
encouraged to provide feedback on the Assessment's inherent risk 
profile, cybersecurity maturity, and supplemental materials. The 
Agencies may limit the time available to individuals seeking to provide 
their input, if needed, in order to accommodate the number of people 
desiring to speak.
    All participants in the Assessment working session must pre-
register for the NIST workshop at http://www.nist.gov/itl/acd/cybersecurity-framework-workshop-2016.cfm.
    Further details about the NIST workshop, including the Assessment 
working session, are published on the NIST Web site at http://www.nist.gov/itl/acd/cybersecurity-framework-workshop-2016.cfm. The 
agenda for the NIST workshop is posted at http://www.nist.gov/itl/acd/upload/Agenda_Cybersec-2.pdf.

[[Page 17244]]

Additional Background on Assessment

    Cyber threats have evolved and increased exponentially with greater 
sophistication. Cyber attacks on financial institutions may not only 
result in access to, and the compromise of, confidential information, 
but also the destruction of critical data and systems. Disruption, 
degradation, or unauthorized alteration of information and systems can 
affect an institution's operations and core processes and undermine 
confidence in the nation's financial services sector.
    The Agencies, under the auspices of the FFIEC, developed the 
Assessment to assist financial institutions of all sizes in assessing 
their inherent cyber risks and their cybersecurity preparedness. The 
Assessment is intended to allow a financial institution to identify its 
inherent cyber risk profile based on the financial institution's 
technologies and connection types, delivery channels, online/mobile 
products and technology services it offers, organizational 
characteristics, and current threats. Once an institution identifies 
its inherent cyber risk profile, it will then determine its 
cybersecurity maturity levels based on the institution's cyber risk 
management and oversight, threat intelligence and collaboration, 
cybersecurity controls, external dependency management, and cyber 
incident management and resilience. A financial institution can use the 
Assessment to identify opportunities for improving the institution's 
cybersecurity preparedness. Use of the Assessment by financial 
institutions is not mandatory. Additional information on the Assessment 
and supporting materials are available on the FFIEC's Web site at 
http://www.ffiec.gov/cyberassessmenttool.htm.

    Dated: March 23, 2016.
Thomas J. Curry,
Comptroller of the Currency.
[FR Doc. 2016-06949 Filed 3-25-16; 8:45 am]
 BILLING CODE 4810-01-P



                                                                           Federal Register / Vol. 81, No. 59 / Monday, March 28, 2016 / Notices                                             17243

                                             from their dates of inception. This                     60220); December 7, 2015 (80 FR                       at http://www.nist.gov/itl/acd/
                                             driver, Dr. Wolfgang Bernhard, holds a                  76059); December 21, 2015 (80 FR                      cybersecurity-framework-workshop-
                                             valid German commercial license but is                  79410)].                                              2016.cfm.
                                             unable to obtain a CDL in any of the                      Issued on: March 21, 2016.
                                             U.S. States due to residency                                                                                  FOR FURTHER INFORMATION CONTACT:      Beth
                                                                                                     Larry W. Minor,                                       Knickerbocker, Counsel (202) 649–5490,
                                             requirements. A copy of the request for
                                             renewal, dated February 22 and 23,                      Associate Administrator for Policy.                   for persons who are deaf or hard of
                                             2016, is in the docket identified at the                [FR Doc. 2016–06953 Filed 3–25–16; 8:45 am]           hearing, TTY, (202) 649–5597,
                                             beginning of this notice.                               BILLING CODE 4910–EX–P                                Legislative and Regulatory Activities
                                                FMCSA initially granted an                                                                                 Division, Office of the Comptroller of
                                             exemption to Dr. Bernhard on August                                                                           the Currency, 400 7th Street SW., Suite
                                             29, 2014 (79 FR 51641). This exemption                  DEPARTMENT OF THE TREASURY                            3E–218, Mail Stop 9W–11, Washington,
                                             was effective August 29, 2014, and                                                                            DC 20219.
                                             expires August 29, 2016. Detailed                       Office of the Comptroller of the                      SUPPLEMENTARY INFORMATION: The
                                             information about the qualifications and                Currency                                              FFIEC, on behalf of its members,
                                             experience of Dr. Bernhard was                                                                                released the Assessment on June 30,
                                             provided by Daimler in its original                     Federal Financial Institutions                        2015, to help institutions identify their
                                             application, a copy of which is in the                  Examination Council Cybersecurity                     cyber risk and assess their cybersecurity
                                             docket. Renewal of the exemption will                   Assessment Tool Working Session in                    preparedness. The purpose of the
                                             enable Dr. Bernhard to operate CMVs in                  the National Institute of Standards and               Assessment working session is to obtain
                                             interstate or intrastate commerce to                    Technology Cybersecurity Framework                    substantive input from financial
                                             support Daimler field tests designed to                 Workshop                                              institutions and other interested parties
                                             meet future vehicle safety and                          AGENCY: Office of the Comptroller of the              on ways to improve the Assessment.
                                             environmental requirements and to                       Currency (‘‘OCC’’), Treasury.                            The Agencies are holding the
                                             promote technological advancements in                   ACTION: Notice of public meeting.                     Assessment working session on April 7,
                                             vehicle safety systems and emissions                                                                          2016, as a part of the NIST workshop,
                                             reductions. Dr. Bernhard needs to drive                 SUMMARY:   The OCC, on behalf of itself,              at the NIST Campus—100 Bureau Drive,
                                             Daimler vehicles on public roads to                     the Board of Governors of the Federal                 Gaithersburg, Maryland 20899. The
                                             better understand ‘‘real world’’                        Reserve System, Federal Deposit                       NIST workshop, including the
                                             environments in the U.S. market.                        Insurance Corporation, and National                   Assessment working session, will be
                                             According to Daimler, Dr. Bernhard will                 Credit Union Administration                           Webcast online at http://www.nist.gov/
                                             typically drive for no more than 6 hours                (Agencies), announces a public meeting                itl/acd/cybersecurity-framework-
                                             per day for 2 consecutive days, and that                to receive feedback on the Federal                    workshop-2016.cfm. The in-person
                                             10 percent of the test driving will be on               Financial Institutions Examination                    Assessment working session will be
                                             two-lane state highways, while 90                       Council (FFIEC) Cybersecurity                         open to any individual registered for the
                                             percent will be on interstate highways.                 Assessment Tool (Assessment).                         NIST workshop and attendance will be
                                             The driving will consist of no more than                                                                      on a first-come, first-served basis. There
                                                                                                     DATES: The Agencies will hold a public
                                             200 miles per day, for a total of 400                                                                         is no cost for registering for the
                                                                                                     meeting on the Assessment on
                                             miles during a two-day period on a                                                                            workshop or attending the working
                                                                                                     Thursday, April 7, 2016, beginning at
                                             quarterly basis. He will in all cases be                                                                      session. The Assessment working
                                                                                                     9:00 a.m. Eastern Daylight Time (EDT).
                                             accompanied by a holder of a U.S. CDL                                                                         session will provide a forum for
                                                                                                     The public meeting is a part of the
                                             who is familiar with the routes to be                                                                         discussion of all aspects of the
                                                                                                     National Institute of Standards and
                                             traveled.                                                                                                     Assessment and will be an opportunity
                                                Daimler has explained in prior                       Technology (NIST) cybersecurity
                                                                                                     framework workshop, taking place on                   for interested persons to ask questions
                                             exemption requests that the German
                                                                                                     Wednesday, April 6, and Thursday,                     about the Assessment. Specifically,
                                             knowledge and skills tests and training
                                             program ensure that Daimler’s drivers                   April 7, 2016. The public meeting on                  interested parties are encouraged to
                                             operating under the exemption will                      the Assessment will be a separate                     provide feedback on the Assessment’s
                                             achieve a level of safety that is                       working session (Assessment working                   inherent risk profile, cybersecurity
                                             equivalent to, or greater than, the level               session) during the NIST workshop and                 maturity, and supplemental materials.
                                             of safety obtained by complying with                    will be open to any individual                        The Agencies may limit the time
                                             the U.S. requirement for a CDL.                         registered for the NIST workshop.                     available to individuals seeking to
                                             Furthermore, according to Daimler, Dr.                  Registrations for the NIST workshop                   provide their input, if needed, in order
                                             Bernhard is familiar with the operation                 will be accepted until March 31, 2016                 to accommodate the number of people
                                             of CMVs worldwide.                                      11:59 p.m. EDT. There is no cost for                  desiring to speak.
                                                                                                     registering for the workshop or                          All participants in the Assessment
                                             IV. Method To Ensure an Equivalent or                   attending the working session.                        working session must pre-register for
                                             Greater Level of Safety                                 Attendance at the Assessment working                  the NIST workshop at http://
                                               FMCSA has previously determined                       session will be on a first-come, first-               www.nist.gov/itl/acd/cybersecurity-
                                             that the process for obtaining a German                 served basis. The NIST workshop,                      framework-workshop-2016.cfm.
                                             commercial license is comparable to, or                 including the Assessment working                         Further details about the NIST
                                             as effective as, the requirements of part               session, will be Webcast at http://                   workshop, including the Assessment
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                                             383, and adequately assesses the                        www.nist.gov/itl/acd/cybersecurity-                   working session, are published on the
                                             driver’s ability to operate CMVs in the                 framework-workshop-2016.cfm.                          NIST Web site at http://www.nist.gov/
                                             U.S. Since 2012, FMCSA has granted                      ADDRESSES: The Assessment working                     itl/acd/cybersecurity-framework-
                                             Daimler drivers similar exemptions                      session will be held on April 7, 2016 at              workshop-2016.cfm. The agenda for the
                                             [May 25, 2012 (77 FR 31422); July 22,                   9:00 a.m., at the NIST Campus, 100                    NIST workshop is posted at http://
                                             2014 (79 FR 42626); March 27, 2015 (80                  Bureau Drive, Gaithersburg, Maryland                  www.nist.gov/itl/acd/upload/Agenda_
                                             FR 16511); October 5, 2015 (80 FR                       20899. All participants must pre-register             Cybersec-2.pdf.


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                                             17244                         Federal Register / Vol. 81, No. 59 / Monday, March 28, 2016 / Notices

                                             Additional Background on Assessment                     DATES:   The meeting will be held April               ADDRESSES:    Direct all written comments
                                                Cyber threats have evolved and                       20–21, 2016.                                          to Tuawana Pinkston, Internal Revenue
                                             increased exponentially with greater                    ADDRESSES: The closed meeting of the                  Service, Room 6526, 1111 Constitution
                                             sophistication. Cyber attacks on                        Art Advisory Panel will be held at 290                Avenue NW., Washington, DC 20224.
                                             financial institutions may not only                     Broadway, New York, NY 10007.                         FOR FURTHER INFORMATION CONTACT:
                                             result in access to, and the compromise                 FOR FURTHER INFORMATION CONTACT:                      Requests for additional information or
                                             of, confidential information, but also the              Maricarmen Cuello, AP:SO:AAS, 51 SW                   copies of the form and instructions
                                             destruction of critical data and systems.               1st Avenue, Room 1014, Miami, FL                      should be directed to Kerry Dennis at
                                             Disruption, degradation, or                             33130. Telephone (305) 982–5364 (not a                Internal Revenue Service, Room 6526,
                                             unauthorized alteration of information                  toll free number).                                    1111 Constitution Avenue NW.,
                                             and systems can affect an institution’s                 SUPPLEMENTARY INFORMATION: Notice is                  Washington, DC 20224, or through the
                                             operations and core processes and                       hereby given pursuant to section                      internet at Kerry.Dennis@irs.gov.
                                             undermine confidence in the nation’s                    10(a)(2) of the Federal Advisory                      SUPPLEMENTARY INFORMATION:
                                             financial services sector.                              Committee Act, 5 U.S.C. App., that a                     Title: Exempt Organization Business
                                                The Agencies, under the auspices of                  closed meeting of the Art Advisory                    Income Tax Return.
                                             the FFIEC, developed the Assessment to                  Panel will be held at 290 Broadway,                      OMB Number: 1545–0687.
                                             assist financial institutions of all sizes              New York, NY 10007.                                      Form Number: Form 990–T.
                                             in assessing their inherent cyber risks                    The agenda will consist of the review                 Abstract: Form 990–T is used to
                                             and their cybersecurity preparedness.                   and evaluation of the acceptability of                report and compute the unrelated
                                             The Assessment is intended to allow a                   fair market value appraisals of works of              business income tax imposed on exempt
                                             financial institution to identify its                   art involved in Federal income, estate,               organizations by Internal Revenue Code
                                             inherent cyber risk profile based on the                or gift tax returns. This will involve the            section 511 and the proxy tax imposed
                                             financial institution’s technologies and                discussion of material in individual tax              by Code section 6033(e). The form
                                             connection types, delivery channels,                    returns made confidential by the                      provides the IRS with the information
                                             online/mobile products and technology                   provisions of 26 U.S.C. 6103.                         necessary to determine that the tax has
                                             services it offers, organizational                         A determination as required by                     been properly computed.
                                             characteristics, and current threats.                   section 10(d) of the Federal Advisory                    Current Actions: The agency has
                                             Once an institution identifies its                      Committee Act has been made that this                 updated the estimated number of
                                             inherent cyber risk profile, it will then               meeting is concerned with matters listed              respondents based on its most recent
                                             determine its cybersecurity maturity                    in sections 552b(c)(3), (4), (6), and (7),            filing data. The additional respondents
                                             levels based on the institution’s cyber                 of the Government in the Sunshine Act,                results in a burden increase of
                                             risk management and oversight, threat                   and that the meeting will not be open                 24,167,406 hours resulting in a new
                                             intelligence and collaboration,                         to the public.                                        total burden of 29,429,725 hours.
                                             cybersecurity controls, external                                                                                 Type of Review: Revision of a
                                                                                                     Kirsten B. Wielobob,                                  currently approved collection.
                                             dependency management, and cyber
                                                                                                     Chief, Appeals.                                          Affected Public: Not-for-profit
                                             incident management and resilience. A
                                                                                                     [FR Doc. 2016–06950 Filed 3–25–16; 8:45 am]           institutions.
                                             financial institution can use the
                                             Assessment to identify opportunities for                BILLING CODE 4830–01–P                                   Estimated Number of Respondents:
                                             improving the institution’s                                                                                   207,500.
                                             cybersecurity preparedness. Use of the                                                                           Estimated Time per Respondent: 141
                                             Assessment by financial institutions is                 DEPARTMENT OF THE TREASURY                            hrs., 48 min.
                                             not mandatory. Additional information                                                                            Estimated Total Annual Burden
                                                                                                     Internal Revenue Service                              Hours: 29,429,725.
                                             on the Assessment and supporting
                                             materials are available on the FFIEC’s                  Proposed Collection; Comment                             The following paragraph applies to all
                                             Web site at http://www.ffiec.gov/                       Request for Form 990–T                                of the collections of information covered
                                             cyberassessmenttool.htm.                                                                                      by this notice:
                                                                                                     AGENCY: Internal Revenue Service (IRS),                  An agency may not conduct or
                                               Dated: March 23, 2016.
                                                                                                     Treasury.                                             sponsor, and a person is not required to
                                             Thomas J. Curry,                                                                                              respond to, a collection of information
                                                                                                     ACTION: Notice and request for
                                             Comptroller of the Currency.                            comments.                                             unless the collection of information
                                             [FR Doc. 2016–06949 Filed 3–25–16; 8:45 am]                                                                   displays a valid OMB control number.
                                             BILLING CODE 4810–01–P                                  SUMMARY:   The Department of the                      Books or records relating to a collection
                                                                                                     Treasury, as part of its continuing effort            of information must be retained as long
                                                                                                     to reduce paperwork and respondent                    as their contents may become material
                                             DEPARTMENT OF THE TREASURY                              burden, invites the general public and                in the administration of any internal
                                                                                                     other Federal agencies to take this                   revenue law. Generally, tax returns and
                                             Internal Revenue Service                                opportunity to comment on proposed                    tax return information are confidential,
                                                                                                     and/or continuing information                         as required by 26 U.S.C. 6103.
                                             Art Advisory Panel—Notice of Closed                     collections, as required by the
                                             Meeting                                                                                                          Request for Comments: Comments
                                                                                                     Paperwork Reduction Act of 1995,                      submitted in response to this notice will
                                             AGENCY: Internal Revenue Service,                       Public Law 104–13 (44 U.S.C.                          be summarized and/or included in the
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                                             Treasury.                                               3506(c)(2)(A)). Currently, the IRS is                 request for OMB approval. All
                                             ACTION: Notice of Closed Meeting of Art
                                                                                                     soliciting comments concerning Form                   comments will become a matter of
                                             Advisory Panel.                                         990–T, Exempt Organization Business                   public record. Comments are invited on:
                                                                                                     Income Tax Return.                                    (a) Whether the collection of
                                             SUMMARY:  Closed meeting of the Art                     DATES: Written comments should be                     information is necessary for the proper
                                             Advisory Panel will be held in New                      received on or before May 27, 2016 to                 performance of the functions of the
                                             York, NY.                                               be assured of consideration.                          agency, including whether the


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Document Created: 2016-03-26 00:13:25
Document Modified: 2016-03-26 00:13:25
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of public meeting.
DatesThe Agencies will hold a public meeting on the Assessment on Thursday, April 7, 2016, beginning at 9:00 a.m. Eastern Daylight Time (EDT). The public meeting is a part of the National Institute of Standards and Technology (NIST) cybersecurity framework workshop, taking place on Wednesday, April 6, and Thursday, April 7, 2016. The public meeting on the Assessment will be a separate working session (Assessment working session) during the NIST workshop and will be open to any individual registered for the NIST workshop. Registrations for the NIST workshop will be accepted until March 31, 2016 11:59 p.m. EDT. There is no cost for registering for the workshop or attending the working session. Attendance at the Assessment working session will be on a first-come, first-served basis. The NIST workshop, including the Assessment working session, will be Webcast at http://www.nist.gov/itl/ acd/cybersecurity-framework-workshop-2016.cfm.
ContactBeth Knickerbocker, Counsel (202) 649- 5490, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219.
FR Citation81 FR 17243 

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