#data-reporting

#data-reporting

Eric Ellman, president of the National Consumer Reporting Association (NCRA) said we learned from the 2008 housing crisis that more data is better than less data, especially when the financial stakes are so high. He added, The cost of being right for spending an extra $100 is so much stronger a case to make than the downside risk for a consumer who might lose thousands over the lifetime of a loan.

Australia's new Cyber Security Bill 2024 mandates that large companies must report ransomware payments to the government within 72 hours to combat rising cybercrime.