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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Healthcare Data Privacy Laws.

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Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape.

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DEEP TECH NEWS: Respecting individual rights by using ‘privacy preserving aggregate statistics’

The Last Watchdog

Scientists at NTT Research are working on an advanced type of cryptography that enables businesses to perform aggregate data analysis on user data — without infringing upon individual privacy rights. Rising data privacy regulations underscores the need for such a capability, Boyle told me. That’s just a starting point.

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DORA: 1 year to go! Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds

Thales Cloud Protection & Licensing

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

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

DLA Piper Privacy Matters

In general, the compliance obligations of a Data Handler processing Regulated Data at level three or above are significantly heavier the others. The Draft Measures reflects PBOC’s approach in implementing the DSL requirements within the financial services industry.

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Big California Privacy News: Legislative and Enforcement Updates

Data Matters

Privacy never sleeps in California. In recent days and as California’s legislative session comes to a close, there have been a number of significant legislative and regulatory developments in the state, each of which will likely (again) change the privacy landscape in California and, by extension, the rest of the country.

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NYDFS Amends Cybersecurity Rules for Financial Services Companies

Hunton Privacy

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. The proposed amendments revise several aspects of the draft Cybersecurity Rule amendments released on July 29, 2022. Revised Definition of Class A Companies.