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US banks ordered to report major cyber incidents within 36 hours

By Pete Schroeder

Nov 19 2021 12:38PM

New rule comes into effect.

US banks ordered to report major cyber incidents within 36 hours

US banking regulators on Thursday finalised a rule that directs banks to report any major cyber security incidents to the government within 36 hours of discovery. Separately, the banking industry said it had successfully completed a massive cross-industry cyber security drill that aims to ...

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