Clinical Trials Arena June 7, 2022
Lower barriers to entry for cyberthreat actors, more aggressive attack methods, a dearth of cybersecurity professionals, and patchwork governance mechanisms aggravate the risk of cybercrime. Cyberattacks, particularly those involving ransomware, have become even more financially motivated, multi-layered, and daring. In addition, the large-scale shift to remote working caused by the Covid-19 pandemic has transformed the cybersecurity landscape.
Listed below are the key regulatory trends impacting the cybersecurity theme, as identified by GlobalData.
US banks’ cybersecurity breach reporting
The impact of new cybersecurity incident reporting rules on US banks will be significant. The rules mean US banks must notify federal regulators of any cybersecurity incidents within 36 hours of discovering them. Security staff will have to ensure proper technical, administrative, and...
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