EBA’s Proposed Guidelines Call for 2-Hour Notice of Data Breach
From PayBefore: The European Banking Authority (EBA) working with the European Central Bank (ECB) recently released a consultation paper on guidelines for payment service providers (PSPs) to follow in the event of security breaches. Among the suggested mandates is notifying authorities of an incident within two hours from the moment the breach is detected—that’s significantly faster than […] Continue reading EBA’s Proposed Guidelines Call for 2-Hour Notice of Data Breach