Tag archives: banking

US banking regulators propose a rule for 36-hour notice of breach

US banking regulators propose a rule for 36-hour notice of breachOn December 18, 2020, the US Department of the Treasury (Office of the Comptroller of the Currency), Federal Reserve and Federal Deposit Insurance Corporation (FDIC) jointly announced a 53-page proposed rule that would require banks to notify their regulators within 36 hours of a “computer-security incident” that rises to the level of a “notification incident.” … Continue reading
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