Banking Groups Object to Breach Notification Bill Provisions

This Data Breach alert was published at 17.08.2021 21.13 on Data Breach Today.

Banks Argue That 24-Hour Reporting Requirement Would Result in ‘Erroneous’ Reports Three banking trade groups are objecting to provisions of a bill now pending in Congress that would require security incident reporting within 24 hours of discovery. They also raise concerns about other provisions.

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