Proposed Agency Information Collection Activities; Comment Request-Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice, 75812-75813 [E6-21464]

Download as PDF jlentini on PROD1PC65 with NOTICES 75812 Federal Register / Vol. 71, No. 242 / Monday, December 18, 2006 / Notices certain requirements are met (such as shareholder approval and disclosure requirements). Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 12,000 hours. OMB Number: 1545–1096 Title: Excise Tax Program Order Blank for Forms and Publications. Type of Review: Extension. Form: 9117. Description: Form 9117 allows taxpayers who must file Form 720 returns a systemic way to order additional tax forms and informational publications. Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 500 hours. OMB Number: 1545–1143 Title: Notification of Distribution From a Generation-Skipping Trust. Type of Review: Extension. Form: 706–GS(D–1). Description: Form 706–GS(D–1) is used by trustees to notify the IRS and distributees of information needed by distributees to compute the Federal GST tax imposed by IRC section 2601. IRS uses the information to enforce this tax and to verify that the tax has been properly computed. Respondents: Individuals or Households. Estimated Total Burden Hours: 348,800 hours. OMB Number: 1545–1558 Title: Revenue Procedure 97–43, Procedures for Electing Out of Exemptions Under Section 1.475(c)–1; and Revenue Ruling 97–39, Mark-toMarket Accounting Method for Dealers in Securities. Form: 1138. Type of Review: Extension. Description: Revenue Procedure 97– 43 provides taxpayers automatic consent to change to mark-to-market accounting for securities after the taxpayer elects under section 1.475(c)– 1, subject to specified terms and conditions. Revenue Ruling 97–39 provides taxpayers additional mark-tomarket guidance in a question and answer format. Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 1,000 hours. OMB Number: 1545–1145 Title: Generation-Skipping Transfer Tax Return For Terminations. Type of Review: Extension. Form: 706–GS(T). Description: Form 706–GS(T) is used by trustees to compute and report the Federal GST tax imposed by IRC section VerDate Aug<31>2005 16:16 Dec 15, 2006 Jkt 211001 2601. IRS uses the information to enforce this tax and to verify that the tax has been properly computed. Respondents: Individuals or households. Estimated Total Burden Hours: 684 hours. OMB Number: 1545–1701 Title: Revenue Procedure 2000–37 Reverse Like-kind Exchanges. Type of Review: Extension. Description: The revenue procedure provides a safe harbor for reverse likekind exchanges under which a transaction using a ‘‘qualified exchange accommodation arrangement’’ will qualify for non-recognition treatment under Sec. 1031 of the Internal Revenue Code. Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 3,200 hours. Clearance Officer: Glenn P. Kirkland, (202) 622–3428, Internal Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224. OMB Reviewer: Alexander T. Hunt, (202) 395–7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Robert Dahl, Treasury PRA Clearance Officer. [FR Doc. E6–21504 Filed 12–15–06; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Office of Thrift Supervision Proposed Agency Information Collection Activities; Comment Request—Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. AGENCY: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting PO 00000 Frm 00105 Fmt 4703 Sfmt 4703 public comments on its proposal to extend this information collection. DATES: Submit written comments on or before February 16, 2007. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; send a facsimile transmission to (202) 906–6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS will post comments and the related index on the OTS Internet Site at http://www.ots.treas.gov. In addition, interested persons may inspect comments at the Public Reading Room, 1700 G Street, NW., by appointment. To make an appointment, call (202) 906– 5922, send an e-mail to public.info@ots.treas.gov, or send a facsimile transmission to (202) 906– 7755. FOR FURTHER INFORMATION CONTACT: You can request additional information about this proposed information collection from Lewis Angel, Technology Program Manager, Information Technology Risk Management, (202) 906–5645, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection. Comments should address one or more of the following points: a. Whether the proposed collection of information is necessary for the proper performance of the functions of OTS, including whether the information will have practical utility; b. The accuracy of OTS’s estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; and d. Ways to minimize the burden of the information collection on respondents, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology. e. Whether the estimates need to be adjusted based upon the institutions’ experience regarding the number of actual security breaches that occur. E:\FR\FM\18DEN1.SGM 18DEN1 Federal Register / Vol. 71, No. 242 / Monday, December 18, 2006 / Notices jlentini on PROD1PC65 with NOTICES We will summarize the comments that we receive and include them in the OTS request for OMB approval. All comments will become a matter of public record. In this notice, OTS is soliciting comments concerning the following information collection. Title of Proposal: Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice. OMB Number: 1550–0110. Form Number: N/A. Description: On March 29, 2005, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) (collectively, the Agencies) published the Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice (70 FR 15736) (Guidance). The Guidance interprets the requirements of section 501(b) of the VerDate Aug<31>2005 16:16 Dec 15, 2006 Jkt 211001 Gramm-Leach-Bliley Act (GLBA), 15 U.S.C. 6801, and the Interagency Guidelines Establishing Information Security Standards (Security Guidelines) 1 to include the development and implementation of a response program to address unauthorized access to or use of customer information that could result in substantial harm or inconvenience to a customer. The Guidance states that every financial institution should develop and implement a response program designed to address incidents of unauthorized access to customer information maintained by the institution or its service provider, and describes the appropriate elements of a financial institution’s response program, including customer notification procedures. OTS is proposing to extend OMB approval of the following information collection. This submission involves no 1 12 PO 00000 CFR part 570, app. B (OTS). Frm 00106 Fmt 4703 Sfmt 4703 75813 change to the regulation or to the information collection requirements. Type of Review: Renewal. Affected Public: Business or other forprofit; individuals. Number of Respondents: 852. Estimated Time per Response: Developing Notices: 20 hours × 8 = 160 hours. 24 hours × 852 = 20,448 hours. Notifying Customers: 29 hours × 17 = 435 hours. Total Estimated Annual Burden = 20,883 hours. Clearance Officer: Marilyn K. Burton, (202) 906–6467, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. Dated: December 12, 2006. Deborah Dakin, Senior Deputy Chief Counsel, Regulations and Legislation Division. [FR Doc. E6–21464 Filed 12–15–06; 8:45 am] BILLING CODE 6720–01–P E:\FR\FM\18DEN1.SGM 18DEN1

Agencies

[Federal Register Volume 71, Number 242 (Monday, December 18, 2006)]
[Notices]
[Pages 75812-75813]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-21464]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--Interagency Guidance on Response Programs for Unauthorized 
Access to Customer Information and Customer Notice

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before February 16, 2007.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS 
will post comments and the related index on the OTS Internet Site at 
http://www.ots.treas.gov. In addition, interested persons may inspect 
comments at the Public Reading Room, 1700 G Street, NW., by 
appointment. To make an appointment, call (202) 906-5922, send an e-
mail to public.info@ots.treas.gov, or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Lewis Angel, Technology 
Program Manager, Information Technology Risk Management, (202) 906-
5645, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 
20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS, including whether the 
information will have practical utility;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection, including the validity of the methodology and 
assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology.
    e. Whether the estimates need to be adjusted based upon the 
institutions' experience regarding the number of actual security 
breaches that occur.

[[Page 75813]]

    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection.
    Title of Proposal: Interagency Guidance on Response Programs for 
Unauthorized Access to Customer Information and Customer Notice.
    OMB Number: 1550-0110.
    Form Number: N/A.
    Description: On March 29, 2005, the Office of the Comptroller of 
the Currency (OCC), Board of Governors of the Federal Reserve System 
(Board), Federal Deposit Insurance Corporation (FDIC), and Office of 
Thrift Supervision (OTS) (collectively, the Agencies) published the 
Interagency Guidance on Response Programs for Unauthorized Access to 
Customer Information and Customer Notice (70 FR 15736) (Guidance). The 
Guidance interprets the requirements of section 501(b) of the Gramm-
Leach-Bliley Act (GLBA), 15 U.S.C. 6801, and the Interagency Guidelines 
Establishing Information Security Standards (Security Guidelines) \1\ 
to include the development and implementation of a response program to 
address unauthorized access to or use of customer information that 
could result in substantial harm or inconvenience to a customer. The 
Guidance states that every financial institution should develop and 
implement a response program designed to address incidents of 
unauthorized access to customer information maintained by the 
institution or its service provider, and describes the appropriate 
elements of a financial institution's response program, including 
customer notification procedures.
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    \1\ 12 CFR part 570, app. B (OTS).
---------------------------------------------------------------------------

    OTS is proposing to extend OMB approval of the following 
information collection. This submission involves no change to the 
regulation or to the information collection requirements.
    Type of Review: Renewal.
    Affected Public: Business or other for-profit; individuals.
    Number of Respondents: 852.
    Estimated Time per Response:
     Developing Notices: 20 hours x 8 = 160 hours. 24 hours x 852 = 
20,448 hours.
     Notifying Customers: 29 hours x 17 = 435 hours.
    Total Estimated Annual Burden = 20,883 hours.
    Clearance Officer: Marilyn K. Burton, (202) 906-6467, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: December 12, 2006.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E6-21464 Filed 12-15-06; 8:45 am]
BILLING CODE 6720-01-P