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News/Cyber & AI/36-Hour Breach Notification Rule to Go into Effect for Banking Organizations
Expert Opinion·Cyber & AI Brief

36-Hour Breach Notification Rule to Go into Effect for Banking Organizations

On November 18, 2021, three US agencies – the Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation – issued a joint rule concerning computer-security incident notifications, which will go into effect on April 1, 2022, with a full compliance date of May 1, 2022.

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