SIFMA, American Bankers Association (ABA) and Institute of International Bankers (IIB) provided comments to the Board of Governors of the Federal Reserve System (Fed), the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) on enhanced cyber risk management standards. SIFMA commends the Agencies in their efforts to strengthen and improve cybersecurity in the financial sector and appreciate the efforts to coordinate so that regulated entities are not subject to potentially conflicting or redundant obligations that could diffuse resources and focus.