Banking Organizations May Face New Breach Notification Requirements from US Regulatory Bodies

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US regulators have released a Notice of Proposed Rulemaking (NPRM) that would oblige banking organizations and bank service providers in the country to adhere to more stringent reporting requirements for security incidents. The rule would require notifications of any “computer-security incident” that rises to the level of a “notification incident” within 36 hours of the […]


Read the original article: Banking Organizations May Face New Breach Notification Requirements from US Regulatory Bodies