The New Era of Regulation S‑P: When Vendors Breach, the Clock Starts Ticking
The article discusses breach notification requirements when vendors experience a data breach, highlighting the importance of service provider oversight in the financial sector.
Even during times of change regarding regulatory priorities, regulators remain focused on cybersecurity, information governance and data privacy across the financial services sector. But in recent times, two priorities have emerged to stand at the forefront within those considerations: service provider oversight and breach notification.... By: BakerHostetler