SEC: Financial orgs have 30 days to send data breach notifications
May 17, 2024 at 01:29PM The SEC has adopted amendments to Regulation S-P requiring certain financial institutions to notify individuals of data breaches within 30 days. The changes encompass breach notification, security policies, safeguard expansion, and compliance documentation. The modifications aim to update the rule, originally established in 2000, to better protect customer financial data. … Read more