Data Protection Report

AUGUST 2, 2022

In our previous publication , we discussed the legal obligations and procedural considerations surrounding maintaining records of privacy incidents. Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries.

Compliance 137

Compliance Privacy Risk Financial Services 137

Krebs on Security

AUGUST 13, 2021

Come check out Antinalysis, the new address risk analyzer,” reads the service’s announcement, pointing to a link only accessible via ToR. “To date, this type of analysis has been used primarily by regulated financial service providers.” ” That may not be entirely true.

Blockchain 300

Blockchain Analytics Marketing Ransomware 300

IT Governance

FEBRUARY 21, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Subscribe now The post The Week in Cyber Security and Data Privacy: 12 – 18 February 2024 appeared first on IT Governance UK Blog.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Security Affairs

MARCH 17, 2020

Advantage and Argus seem to be the same company working under two different names, they offer funding and startup capital to business owners without access to traditional lending and financial services. “Furthermore, a leak like this may attract the attention of US financial and data security regulators.”

Financial Services 116

Financial Services Access Privacy Security 116

IBM Big Data Hub

SEPTEMBER 20, 2023

When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services. AI’s value is not limited to advances in industry and consumer products alone.

Government 115

Government Artificial Intelligence Privacy Digital transformation 115

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Our analysis of the WhatsApp decision can be read here. The DPC has continued to target issues around setting of tracking and advertising cookies without consent, use of cookie banners and privacy notices on websites and the use of pre-ticked boxes or toggles to gather consents for use of cookies. Financial Services Sector Focus.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

eSecurity Planet

AUGUST 22, 2023

Jump ahead to: Prioritize Data Protection Document Your Response Process Make Users Part of the Process Understand Business Context Be Thorough Proactively Collect and Organize Data Don’t Forget Network Analysis Train and Drill Enlist Outside Help Go on the Offensive 1. See the Top Cybersecurity Employee Training Programs 4.

Data breaches 98

Data breaches Big data Cybersecurity Security 98

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. On November 9, 2022, NYDFS published a first draft of the proposed Amendment and received comments from stakeholders over a 60-day period.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

Data Matters

SEPTEMBER 12, 2018

As part of the public discussion, the Commission, the European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the UK Financial Conduct Authority (FCA) were present to provide their thoughts. Firms interested in cryptoassets should watch for EU regulatory guidance later this year. 3 Available at [link].

Financial Services 68

Financial Services Marketing Privacy IT 68

Collibra

AUGUST 14, 2023

Our framework is informed by our definition of AI governance: AI governance is the application of rules, processes and responsibilities to drive maximum value from your automated data products by ensuring applicable, streamlined and ethical AI practices that mitigate risk, adhere to legal requirements and protect privacy.

Government 52

Government Risk Financial Services Compliance 52

erwin

APRIL 11, 2019

Some suggest the California Consumer Privacy Act (CCPA), which takes effect January 1, 2020, sets a precedent other states will follow by empowering consumers to set limits on how companies can use their personal information. California recently passed a law that gives residents the right to control the data companies collect about them.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

AIIM

OCTOBER 15, 2018

In North America, e-signatures are based on multiple authentication aspects with a focus on knowledge-based authentication which cannot be applied in EU due to much stricter privacy regulations. Go for a holistic four-dimensional requirements analysis.

Compliance 109

Compliance Insurance Digital transformation Authentication 109

The Last Watchdog

MARCH 14, 2022

When was the last time you read an online privacy policy in its entirety? Related: What happened to privacy in 2021. Financial services, health, home security, governance and all other mission critical services are now provided online. This document is called a privacy policy. Perhaps, never?

Privacy 224

Privacy Artificial Intelligence Financial Services Archiving 224

IBM Big Data Hub

OCTOBER 4, 2022

With the growing number of AI regulations, responsibly implementing and scaling AI is a growing challenge, especially for global entities governed by diverse requirements and highly regulated industries such as financial services, healthcare and telecom.

Government 104

Government Artificial Intelligence Metadata Data science 104

Data Protection Report

SEPTEMBER 28, 2021

It has seized it with gusto, announcing more than 70 proposals and calls for views and publishing its economic analysis of expected impact. An individual will have to attempt to resolve their complaint directly with the controller before lodging it with the ICO (aligning data protection with other areas such as UK financial services).

Government 120

Government FOIA GDPR Compliance 120

Security Affairs

MARCH 29, 2022

Earmarked by the FBI as a particular threat to the financial service industry just over a year ago, the increase of internet traffic, data breaches and API usage all contribute to the perfect conditions for successful credential stuffing attacks. “If Runtime behavior analysis.

IT 83

IT Passwords Authentication Data Privacy 83

IBM Big Data Hub

FEBRUARY 23, 2024

In addition, ML techniques power tasks like speech recognition, text classification, sentiment analysis and entity recognition. When incorporating speech recognition, sentiment analysis and dialogue management, conversational AI can respond more accurately to customer needs.

Analytics 110

Analytics Artificial Intelligence Marketing Education 110

The Last Watchdog

NOVEMBER 13, 2018

We ingest data into a powerful AI engine, and do a comprehensive analysis to determine if a malicious bot attack is taking place.”. The new platform has been operating for some months in the production environments at 10 enterprises, including a Fortune 100 multinational financial services firm and a Fortune 500 cosmetics retailer.

Security 140

Security Digital transformation B2C B2B 140

Thales Cloud Protection & Licensing

JULY 9, 2018

Financial Services. In financial services, anti-money laundering initiatives require analyzing data while maintaining privacy and security for PII, but also being able to securely return to the original data for post-analysis follow-up.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

Hunton Privacy

NOVEMBER 4, 2014

The Report also contains observations on the overall cybersecurity preparedness of financial institutions, including findings on the current risk management, governance, threat intelligence, cybersecurity controls, incident response, and third party management practices of financial institutions.

Cybersecurity 40

Cybersecurity Financial Services Risk Government 40

IBM Big Data Hub

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. Voice-based queries use natural language processing (NLP) and sentiment analysis for speech recognition so their conversations can begin immediately.

Artificial Intelligence 92

Artificial Intelligence Retail Unstructured data Insurance 92

eSecurity Planet

AUGUST 10, 2023

Incoming data is monitored with automated analysis and graphical visualization tools. Though the ISC’s network of volunteers is full of experts, it’s still a relatively small team with a setup that could lead to inconsistencies in reporting and depth of analysis. Daily diaries detail handler analyses.

Cybersecurity 95

Cybersecurity Access Metadata Energy and Utilities 95

ARMA International

DECEMBER 26, 2019

The top objection to using the cloud for digital records continues to be potential privacy or security concerns – no change from 2017. 2020 Means New Responsibilities for RIM Professionals – Privacy, Preservation, People. Data protection and privacy laws have also disrupted the role of the RIM professional.

Content services 76

Content services Cloud Records Management Privacy 76

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

Data Protection Report

MAY 25, 2022

The decision has been labelled as a watershed decision in Australia – a ‘first of its kind’ case that puts financial services firms, and more broadly, corporate Australia, on notice that failures to adequately understand and manage cybersecurity and cyber resilience risks will no longer be tolerated by Australia’s regulatory agencies.

Cybersecurity 74

Cybersecurity Risk Financial Services Retail 74

DLA Piper Privacy Matters

SEPTEMBER 29, 2017

More specifically, the AU-054 states that it covers (i) fraud alerts further to the detection of an anomaly, an incoherence or the reporting of an act likely to be fraudulent, and their analysis by authorized personnel, and (ii) actual or attempted frauds qualified as such by the entity further to investigation by authorized personnel.

Personal data 40

Personal data Financial Services Risk Insurance 40

Data Matters

FEBRUARY 25, 2021

Transaction risk analysis. The FCA plans to formally adopt EBA guidance stating that fraud rate calculations for transaction risk analysis (Article 18 of the SCA-RTS) should include only unauthorized or fraudulent remote electronic transactions for which the payment service provider was liable, and no other types of transaction.

Authentication 68

Authentication Paper Risk Insurance 68

Hunton Privacy

FEBRUARY 6, 2015

Almost half of the broker-dealers (47%) reportedly participate in information sharing organizations such as the Financial Services Information Sharing and Analysis Center. A majority of examined firms broker-dealers (93%) and advisers (79%) reported that they conduct cybersecurity risk assessments on periodic basis.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. Privacy governance and management. LogicManager. Back to top.

Compliance 67

Compliance Risk Government Retail 67

Data Protection Report

OCTOBER 1, 2019

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. New York’s new law contains similar examples of technical and physical safeguards.

Security 40

Security Financial Services Passwords Risk 40

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. Privacy governance and management. LogicManager. Back to top.

Compliance 57

Compliance Risk Government Retail 57

DLA Piper Privacy Matters

MARCH 30, 2023

Our analysis of the Meta (Instagram) decision can be read here. The DPC also engaged with the Financial Services Sector on the migration of customer database of mortgage holders following a large loan sale.

Personal data 52

Personal data GDPR Compliance Financial Services 52

Hunton Privacy

AUGUST 15, 2013

forward the policies and procedures to OCR and incorporate any changes to OCR recommends. forward the policies and procedures to OCR and incorporate any changes to OCR recommends.

Security 40

Security Financial Services Risk IT 40

eSecurity Planet

SEPTEMBER 10, 2021

Organizations that collect personally identifiable information (PII) like those in retail, healthcare, and financial services face strict regulations when it comes to customer privacy and data security. Double-check your compliance requirements. This should confirm that they are meeting the agreed upon security terms.

Cloud 129

Cloud Security Encryption Risk 129

IT Governance

MARCH 11, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Subscribe now The post The Week in Cyber Security and Data Privacy: 4 – 10 March 2024 appeared first on IT Governance UK Blog. The consultation closes on 17 April. of the Standard.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

Info Source

DECEMBER 8, 2023

BPOs with advanced skills have the opportunity to position themselves as AI technology hubs and advisors especially in the coming learning phase, as privacy aspects are addressed, regulations are catching up and business models are being refined. For example, organisations in the Legal and Retail sector may see impressive ROIs.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40