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Expansion of the US Board of Governors of the Federal Reserve System's Emergency Communications System
10/13/2015
The Federal Reserve Board issued SR Letter 15-10/CA 15-8 to announce the expansion of its Emergency Communications System – a service that maintains a database of emergency contacts to allow the Federal Reserve System staff to communicate with financial institutions in case of a natural disaster or operational emergency. The expansion will require supervised institutions to identify and register "designated cyber emergency contact(s)" that Federal Reserve staff may contact in the case of cyber emergencies. The Federal Reserve will periodically test the system to verify the contact’s business telephone number and e-mail address and the confirmation of delivery of test messages.
View the Federal Reserve Board press release.
View the SR Letter 15-10/CA 15-8.
Financial Regulatory Developments Focus