Data Protection Report

NOVEMBER 16, 2022

Since its enactment in 2008, BIPA has been one of the most litigated privacy-related laws with some of the highest penalties. In other words, even if financial services isn’t the primary purpose of an entity, it may still fall under GLBA rather than BIPA. Who is covered by BIPA? 740 ILCS 14/25(b)-(c). 21C3001 at 5 (N.D.

Financial Services 98

Financial Services Privacy Compliance Insurance 98

Hunton Privacy

JULY 22, 2009

The UK Financial Services Authority (FSA) has announced today fines for three HSBC entities totaling £3 million for failing to have adequate systems and controls in place to protect their customers’ confidential data. The fine is the highest to date in the UK and reflects a 30% discount for cooperating with the FSA.

Security 40

Security Insurance Data breaches Personal data 40

Thales Cloud Protection & Licensing

JANUARY 15, 2024

A new generation of Fintech players, as well as major regulatory changes regarding GDPR, KYC and AML have meant that Financial Supervision continues to evolve in our increasingly digitalised world. A changing financial world Today’s consumers value ease of use - and payments and online financial services are no exception.

Unstructured data 71

Unstructured data B2B Access Financial Services 71