AL 97-9
Advisory Letter  

Subject:  Reporting Computer Related Crimes

Date:     November 19, 1997

TO:  Chief  Executive Officers of all National Banks, Department
     and Division Heads, and all Examining Personnel

The  enclosed  document, "Guidance Concerning  the  Reporting  of
Computer-Related Crimes by Financial Institutions," explains  the
federal  criminal  statute, 18 USC  1030,  relating  to  computer
crimes.   It  is  intended  to  facilitate  timely  and  accurate
reporting  of  apparent  statute violations  to  law  enforcement
agencies.

Computers and computer networks clearly perform a vital  role  in
financial  institution operations.  The potential for  electronic
misappropriation of funds, compromise of information, or  serious
damage  to  computer  systems presents a difficult  challenge  to
federal  regulatory   agencies,  victim  institutions,  and   law
enforcement.

The  guidance,  developed by the Interagency Bank  Fraud  Working
Group, reflects the recognition of emerging technological threats
and  the critical need for a coordinated assessment and response.
The  OCC  and  the  other Bank Fraud Working  Group  members  are
dedicated  to fostering a high degree of interagency  cooperation
and coordination in the area of financial institution fraud.

This guidance sets forth violations of the federal computer crime
statute  as  reportable  offenses under the  existing  Suspicious
Activity Reporting system.  It should be brought to the immediate
attention  of all personnel responsible for reporting  suspicious
activity.

Inquiries  may  be  directed  to  Daniel  P.  Stipano,  director,
Enforcement and Compliance Division at (202) 874-4800.




Robert B. Serino
Deputy Chief Counsel

Attachment: Guidance
           [http://www.occ.treas.gov/ftp/advisory/1997/97-9a.pdf]