This is the best summary I could come up with:

The FCC’s updated reporting requirements mean telcos in America will have just seven days to officially disclose that a criminal has broken into their systems.

It solidifies what the agency proposed a little more than a month ago, and what was teased in early 2022 when FCC chairwoman Jessica Rosenworcel drafted initial changes to the commission’s 16-year old security “breach” reporting duties.

As the FCC planned, the new rule also eliminates the mandatory seven-day waiting period for reporting break-ins to consumers.

The FCC has additionally extended the scope of data exposure types that telecom customers must be notified of.

The FCC’s updated directive is the latest in a string of federal agency breach reporting requirements, with rules passed by the FTC and SEC set to go into effect later this year, and federal contractors getting their own set of newly-proposed IT security breach reporting rules too.

The feds were generally dismissive of the complaints, with the Biden administration saying it would veto any attempts to undo the SEC’s reporting rules.

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