Beginning in April 2022, banking organizations and bank service providers will be subject to the shortest regulatory breach notification reporting time frame of any law to date – 36 hours.

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Tags: banks, breach notification, data breach, financial institutions, GT Insight, online banking, regulatory
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Photo of Jena M. Valdetero Jena M. Valdetero

Jena M. Valdetero serves as Co-Chair of the firm’s U.S. Data, Privacy and Cybersecurity Practice where she advises clients on complex data privacy and security issues. She has led more than 1,000 data breach investigations. A litigator by background, Jena defends companies against…

Jena M. Valdetero serves as Co-Chair of the firm’s U.S. Data, Privacy and Cybersecurity Practice where she advises clients on complex data privacy and security issues. She has led more than 1,000 data breach investigations. A litigator by background, Jena defends companies against privacy and data breach litigation, with an emphasis on class action lawsuits. She has designed and conducted dozens of data breach tabletop exercises to empower clients to respond effectively to a data security incident. She also counsels companies on data privacy and security compliance programs and advises on privacy and cyber risks associated with mergers and acquisitions, venture capital, and securities. Jena also advises a diverse array of clients on compliance with existing and emerging privacy laws, including the General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), the Gramm Leach Bliley Act (GLBA), and the Health Insurance Portability and Accountability Act (HIPAA). She is a certified privacy professional through the International Association of Privacy Professionals (CIPP/US), for which she is a former KnowledgeNet Co-Chair.

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Photo of Jessica D. Pedersen Jessica D. Pedersen

Jessica Pedersen advises businesses on complex data privacy and cybersecurity issues. Jessica has experience counseling a diverse range of companies on compliance with both existing and emerging privacy and security laws, including the E.U.’s General Data Protection Regulation (GDPR) and the California Consumer…

Jessica Pedersen advises businesses on complex data privacy and cybersecurity issues. Jessica has experience counseling a diverse range of companies on compliance with both existing and emerging privacy and security laws, including the E.U.’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). In addition, she assists clients in preparing for and responding to cybersecurity threats, including designing data breach tabletop exercises, managing data breach response, and defending privacy and data breach litigation. Jessica also represents clients in related regulatory investigations. She is a certified privacy professional through the International Association of Privacy Professionals (CIPP/US).

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