Each year, the Office of the Comptroller of the Currency’s (OCC) Committee on Bank Supervision (CBS) defines key priorities and objectives to guide regulatory oversight. The FY2024 Bank Supervision operating plan reflected these priorities and aligned with the OCC’s Strategic Plan (FY2023 to 2027) and the National Risk Committee’s focus areas to ensure a coordinated and risk-responsive supervision framework for financial institutions.

Top Highlights 

Incident Response & Operational Resilience

• Incident response plan and capabilities
• Data recovery and backup strategies
• Integration with organization’s business continuity plans and procedures

Preventative Capabilities

• Asset lifecycle management
• Proactive threat detection and threat intelligence
• Network segmentation
• Access control and principles of least privilege
• Endpoint protection

Continuous Monitoring

• Security event monitoring leveraging detective technologies
• Audit log collection and maintenance

How Capco Can Help

Capco brings deep expertise in supporting banking and financial services institutions with cybersecurity audit and regulatory readiness. We help clients prepare for audits, meet regulatory deadlines, and remediate compliance issues through comprehensive readiness assessments, gap analyses, recurring annual cybersecurity evaluations, and maturity modeling. Our teams also assist with the remediation and closure of audit and regulatory findings, ensuring organizations remain compliant, resilient, and aligned with evolving regulatory expectations.