The Biden administration has expressed to congressional representatives its strong opposition to undoing the Securities and Exchange Commission’s (SEC) strict data breach reporting rule.
In a policy statement [PDF] published yesterday by Biden’s Office of Management and Budget (OMB), the administration said it “strongly opposes” Senate Joint Resolution 50, introduced in November by Senator Thom Tillis (R-NC). The joint resolution, along with House Joint Resolution 100, sponsored by Representative Andrew Garbarino (R-NY) and introduced the same day, would nullify the SEC rules adopted in July of last year.
