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More SEC rules, this time mandating financial firms inform victims of data breaches within 30 days!

Why wasn't this already a requirement?

Last year, the SEC instituted requirements for publicly traded companies to inform investors of material cybersecurity events within 4 days. That edict spurred a small wave of misguided protests in the #cybersecurity community, who warned of bad omens which never materialized.

I am anxious to see if this latest regulatory requirement also becomes a hotbed of discussion. <popcorn at the ready>

 

https://www.sec.gov/news/press-release/2024-58

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