{"content":"🚨 U.S. Banking Giants Challenge SEC’s 4-Day Cyber Disclosure Rule! $ETH $XRP Five of America’s top financial associations — including the American Bankers Association and SIFMA — are calling on the SEC to repeal its controversial cyber incident disclosure rule. 😱 🔒 The rule currently requires public companies to disclose any material cyberattack within 4 business days — a policy introduced to increase transparency for investors. 🛑 But the banks say this rule is dangerous and counterproductive. Here’s why: 🔹 It hinders ongoing investigations 🔹 Exposes sensitive info during active breaches 🔹 Misleads investors if details are still unclear 🔹 Helps hackers by revealing system vulnerabilities 🔹 And it puts ransomware victims like Coinbase in an impossible position — Coinbase recently refused to pay a $20 million ransom after a major breach. 📌 What This Means: ➡️ Big banks and public companies fear more exposure and liability ➡️ The SEC is under pressure to balance transparency with security ➡️ Cyber risk is now central to corporate strategy — and crypto is at the frontlines 💬 Should companies have more time to investigate before going public with a breach — or should investors know immediately? Let us know 👇 #SEC #Cybersecurity #Coinbase #Hacking #CryptoNews #BinanceSquare #DataBreach","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/27/0aacf786fad34013a93c7fcc6457b376.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}