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A new proposed federal rule, “Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers,” could impose accelerated notification requirements on banking organizations and their service providers when notification incidents (as defined in the proposed rule) occur.

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal

Virginia’s governor, Ralph Northam, signed the Virginia Consumer Data Protection Act (CDPA) into law on March 2, 2021. The CDPA is set to take effect on January 1, 2023, and is the second most comprehensive consumer privacy law to be enacted in the United States behind the California Consumer Privacy Act (CCPA), recently amended by