Bank Groups Object to Proposed Breach Notification Regulation

This Data Breach alert was published at 15.04.2021 19.49 on Data Breach Today.

ABA, Others Call Requirements Too Burdensome
The American Bankers Association and three other banking groups have voiced objections to provisions in a proposed federal cyber incident notification regulation. For example, they say the definition of a reportable “computer security incident” is too broad and would result in the reporting of insignificant events.

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