![]() ![]() ![]() Annual training is supplemented with additional educational content that reinforces desired employee behaviors, creates a heightened level of accountability, and acknowledges good behavior. Individuals who access bank computer systems and information are required to complete annual information protection and privacy training, and employees in privacy-sensitive roles receive additional training specific to their position. Ciso roles and responsibilities nist code#Our Code of Conduct and privacy and security standards and procedures require confidential treatment of client information consistent with applicable laws and regulations and reinforce our commitment to the responsible processing of personal data. During the last four years we have not experienced any material losses or other material consequences relating to technology failure, cyber-attacks, or other information or security breaches. We proactively look for ways to build stronger defenses, ensure every step of our technology design process takes cyber risks into consideration and integrate layers of security into everything we do. Understanding the constantly evolving nature of data protection, we continuously monitor for emerging risks and dedicate significant resources to help ensure clients’ information is protected. We incorporated the NIST Cybersecurity Framework into our annual Policy management cycle and have designed and implemented internal risk-based frameworks that align with NIST. In addition, Bank of America has aligned its information security controls to the National Institute of Standards and Technology (NIST) Framework for Improving Critical Infrastructure Cybersecurity (Cybersecurity Framework). ![]() The Financial Systemic Analysis & Resilience Center (FSARC) was an outcome of that effort and we continue to play a leading role in its evolution. We are one of eight banks that came together to proactively identify ways to enhance the cybersecurity resilience of the U.S. In addition, we are subject to ongoing regulatory oversight and examination related to information security and privacy, and an independent Corporate Audit function conducts examinations of our lines of business to ensure compliance with standards and applicable legal requirements.īank of America partners closely with industry associations such as the American Bankers Association, the Bank Policy Institute, the Securities Industry and Financial Markets Association (SIFMA), the Financial Services Information Sharing and Analysis Center (FS-ISAC), the National Cyber Forensics and Training Alliance (NCFTA), the Center for Information Policy Leadership, and the Future of Privacy Forum to develop global solutions for privacy and the responsible use of data as well as to identify, prevent and protect against industry or bank targeted cyber events. These policies and programs align with external criteria and incorporate senior management and board of director level oversight, including regular status updates to our board of directors on our information security and privacy programs. We demonstrate our commitment and accountability to protecting information by implementing robust information security and privacy policies and programs. As part of that effort, we have comprehensive global information security and privacy programs led by our Chief Information Security Officer and Chief Privacy Officer. We’re committed to keeping client personal and financial information protected and secure through responsible information collection, processing, and use practices. ![]()
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