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Banks now required to report cyber incidents within 36 hours

  • None--www.securitymagazine.com
  • published date: 2021-11-22 00:00:00 UTC

Federal bank regulatory agencies approved a rule to improve the sharing of information about cyber incidents that may affect the U.S. banking system. The final rule requires a banking organization to notify its primary federal regulator of any significant computer-security incident as soon as possible and no later than 36 hours after the banking organization determines that a cyber incident has oc...

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