Bank Regulators Mull Stricter Rules for Reporting of Data Breaches

American Banker, Dec. 14, 2020–Kevin Wack (subscription)
It has been 15 years since the federal banking agencies issued guidance on an institution’s obligation to inform its regulator about a cyberattack. A proposal to be unveiled this week could establish a more specific notification deadline.
https://www.americanbanker.com/news/bank-regulators-mull-stricter-rules-for-reporting-of-data-breaches