The Information Highway

The Information Highway

SEC: Financial orgs have 30 days to send data breach notifications

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The Securities and Exchange Commission (SEC) has adopted amendments to Regulation S-P that require certain financial institutions to disclose data breach incidents to impacted individuals within 30 days of discovery.

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SEC now requires companies to disclose cyberattacks in 4 days

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 The U.S. Securities and Exchange Commission has adopted new rules requiring publicly traded companies to disclose cyberattacks within four business days after determining they're material incidents.

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Top Breaches Cost ($) of 2024

HEALTHCARE
FINANCIAL
INDUSTRIAL
TECHNOLOGY
ENERGY
Source: IBM Cost of a Data Breach Report 2024