The U.S. Federal Trade Commission (FTC) has amended the Safeguards Rules, mandating that all non-banking financial institutions report data breach incidents within 30 days.

Such entities include mortgage brokers, motor vehicle dealers, payday lenders, investment firms, insurance companies, peer-to-peer lenders, and asset management firms.

 

Link to original link: https://www.bleepingcomputer.com/news/security/ftc-orders-non-bank-financial-firms-to-report-breaches-in-30-days/