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Published on November 18th, 2021 📆 | 7860 Views ⚑
0WASHINGTON, Nov 18 (Reuters) - U.S. banking regulators finalized a rule on Thursday that directs banks to report any major cybersecurity incidents to the government within 36 hours of discovery.
The rule stipulates that banks must notify their primary regulator of a significant computer security breach as soon as possible, and no later than 36 hours after its discovery.
Banks also must notify customers as soon as possible of a cybersecurity incident if it results in problems lasting more than four hours.
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Reporting by Pete Schroeder
Editing by Chris Reese
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