Your Network Has Been Hacked. You Have 72 Hours to Report It.

Companies are scrambling to meet new regulations that require them to figure out what’s going on—quickly

Multinational corporations are taking steps to more quickly detect and report data breaches, in part to avoid steep penalties under a sweeping set of regulations from the European Union.

The magic number: 72 hours.

The General Data Protection Regulation, which took effect in May, requires firms that collect data about European Union citizens...