Telecom Companies Face Tighter Regulations for Data Breaches
Key Points:
– Starting March 13th, telecom companies are now required to report any data breaches affecting customers’ personally identifiable information within a 30-day period.
– Previously, these companies were not held to a strict deadline for reporting data breaches, leading to delays in notifying affected individuals.
– The new regulations are part of the FCC’s updated data breach reporting requirements, aimed at improving transparency and promptness in addressing cybersecurity incidents in the telecommunications sector.
Hot take:
So, from now on, telecom companies have just 30 days to spill the tea on data breaches or face the wrath of the FCC. Let’s hope this new regulation helps to keep our personal information safer and stops hackers from making a long-distance call on our dime!