Federal Reserve Board – Agencies issue joint statement on handling of highly sensitive information during bank examinations
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July 16, 2026
The agencies issue a joint statement on the handling of highly sensitive information during bank inspections
- Board of Governors of the Federal Reserve System
- Federal Deposit Insurance Corporation
- Office of the Intervention of the Currency
For release at 2:00 pm EDT
Federal bank regulatory agencies today issued a joint statement outlining enhanced security procedures for the review of highly sensitive information in connection with examinations of supervised banks, such as reviewing materials on-site rather than transferring them to agency systems.
The statement discusses a coordinated approach to identifying highly sensitive data and documents and discusses enhanced procedures for reviewing that information to reduce cybersecurity risks while ensuring agencies have access to that information at all times during an examination.
The agencies recognize the importance of keeping a bank’s highly sensitive information confidential and protecting it from disclosure or access by unauthorized persons as a result of cybersecurity vulnerabilities. The agencies have committed to notify affected banks of any potential or confirmed material data breach involving confidential supervisory information. They will do this as soon as possible and no later than 72 hours after discovery, unless legal restrictions apply.
Last updated: July 16, 2026
