article thumbnail

Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Big Data Hub

Balancing innovation, compliance, risk and market dynamics is a challenge While many organizations recognize the vast pool of innovations that public cloud platforms offer, financially regulated clients remain accustomed to the level of control and visibility provided by on-prem environments. Why a FS Cloud and FS Validation Program?

article thumbnail

CHINA: New draft proposes more stringent requirements for processing data in the financial services industry

DLA Piper Privacy Matters

The Draft Measures regulate the processing of electronic data collected and generated during the course of business activities that are under the supervision and management of PBOC (“ Regulated Data ”). The Draft Measures reflects PBOC’s approach in implementing the DSL requirements within the financial services industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best practices for hybrid cloud banking applications secure and compliant deployment across IBM Cloud and Satellite

IBM Big Data Hub

Financial Services clients are increasingly looking to modernize their applications. Moreover, many of these financial services applications support regulated workloads, which require strict levels of security and compliance, including Zero Trust protection of the workloads.

Cloud 91
article thumbnail

Risk Management under the DORA Regulation

IT Governance

Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with. That really shouldn’t surprise us – these are lucrative targets for cyber criminals.

Risk 104
article thumbnail

Missing the GDPR deadline of May 2018: And then what?

Data Protector

As May 2018 looms, I’m aware of a growing number of companies that are seeking help with their GDPR compliance obligations. Many (me included) have been sent a stream of emails from self-styled “GDPR experts” containing dire warnings of ginormous fines for non-compliance. Of course not. Well, that's another matter.

GDPR 120
article thumbnail

Capture & IDP Conference 2023 Highlights

Info Source

Of course, we had our own analysts, who discussed their recently completed research on the size and dynamics of the Capture & IDP market in 2022, as well as where it is heading over the next five years. He advised attendees on how to take steps to ensure they are in compliance with these regulations and ethical concerns.

article thumbnail

What (currently ignored) privacy area might result in early enforcement action when the GDPR is in force?

Data Protector

Does it really mean that in 481 days, European privacy regulators will be heralding the first megafine for non-compliance with one of the GDPR’s more obscure requirements? But, in the short term, what new areas of non-compliance might European privacy regulators focus on? I think not.

GDPR 136