Washington D.C. The Office of the Comptroller of the Currency (OCC) has reported a 'major' cybersecurity incident to Congress, revealing that sensitive information was exposed. The OCC, a federal agency responsible for supervising national banks and federal savings associations, disclosed the breach on Tuesday.
According to the OCC, the incident has been classified as significant, triggering a mandatory reporting requirement to congressional oversight committees. While the agency has not released specific details regarding the type of information compromised, its sensitivity necessitated the immediate notification.
The OCC is currently conducting a thorough investigation to determine the full scope and impact of the breach. This includes identifying the source of the attack, assessing the potential risks to the financial system, and implementing measures to mitigate any further damage. The agency is also working to enhance its cybersecurity defenses to prevent similar incidents from occurring in the future.
Lawmakers are expected to hold hearings to examine the details of the breach and to evaluate the OCC's response. The incident underscores the growing threat of cyberattacks targeting the financial sector and the importance of robust cybersecurity measures to protect sensitive data.
US Bank Regulator Reports 'Major' Hack to Congress
The Office of the Comptroller of the Currency (OCC), which oversees national banks, informed Congress about a significant cybersecurity incident. The breach exposed sensitive information, prompting a formal report. The OCC is investigating the extent of the data compromised and working to prevent future attacks. Details about the nature of the exposed information remain limited.