Nacha's Payments Innovation Alliance has released the Security Incident Response Procedure Guide for Companies, a free tool to help organizations address suspected data breaches. The Guide, produced by the Alliance’s Cybersecurity & Payments AI Project Team, provides steps for evaluating incidents and determining necessary notifications to stakeholders, including customers and regulators. Emphasizing the importance of a prompt response, it offers time-sensitive actions to mitigate breach impacts and costs. The document can be tailored to fit specific organizational needs and integrated into comprehensive disaster recovery and incident response plans.