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Sead Fadilpašić

US government rules financial firms now have to disclose data breaches within 30 days

United States Ars Technica SEC
Data Breach.

Some US financial institutions are now legally required to disclose a security breach within 30 days of their discovery.

The news comes as a result of changes made by the US Securities and Exchange Commission (SEC) to Regulation S-P, a rule adopted to protect the privacy of consumers' personal financial information held by financial institutions. 

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