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The Window to Report Breaches Shrinking

While it seems that some companies continue to be clueless and others get fined (and sued) for delaying reporting breaches, the window (and door) is closing rapidly on that. The SEC says that publicly traded companies have 4 days after determining that a breach is material to file an 8-K to notify investors. DoD contractors […]

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Financial Institutions Have 7 Weeks Until New FTC Safeguards Rule Becomes Effective

The FTC revised the Standards for Safeguarding Customer Information aka the Safeguards Rule in 2021 and in about 7 weeks the changes become effective. The FTC updates this rule every 20 years or so to make sure that it is still state of the art. The new rule borrowed a lot from New York’s financial […]

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