Breach Notification, Incident & Breach Response, Managed Detection & Response (MDR) is What’s Optimal Timing? “Not too soon, not too late,” says cybersecurity attorney Mark Rasch. Failure to comply puts organizations at risk of being hit with massive fines. State laws vary widely on breach notification laws in the U.S. and the banking sector’s Gramm-Leach-Bliley Act requires financial firms to notify customers of a security incident “as soon as possible” “All companies should have a data breach response program in place, practice it yearly,” says Chris Pierson.”]
Source: https://www.cuinfosecurity.com/blogs/data-breach-notifications-whats-optimal-timing-p-2432