30-Day Breach Notice: New SEC Rule Demands Faster Alerts from Financial Firms
Crack the code on new SEC rules: U.S. financial moguls now have just 30 days to spill the beans on security breaches. So, if your data takes a walk, you’ll hear the clock! #30DayDisclosureDeadline
Hot Take:
It's like the SEC finally decided to swipe right on consumer protection with a bold move to speed-date breach disclosures! Financial institutions now need to confess their cybersecurity sins within a month – talk about high-stakes speed dating. But with a loophole that lets them ghost victims if they think the breach is just a 'minor fling,' will true love really blossom between transparency and security?
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