Banks Argue That 24-Hour Reporting Requirement Would Result in ‘Erroneous’ Reports
Three banking trade groups are objecting to provisions of a bill now pending in Congress that would require security incident reporting within 24 hours of discovery. They also are raising concerns about other provisions.

You May Also Like

Clop stopped? Ransomware gang loses Tesla and other treasures in police raid

Ukrainian law enforcement officials announced Wednesday that they had arrested several individuals…

Security Firm COO Charged in Attack on Medical Center

Experts Say Odd Case Offers Forewarning to OthersThe chief operating officer of…

US Indicts 4 Chinese Nationals for Lengthy Hacking Campaign

All Aligned With China’s Ministry of State SecurityThe U.S. has indicted four…