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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.

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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

VPNs encrypt data , making it much harder to intercept when transmitted through a shared or suspect internet connection. SSLs ensure all data is encrypted. A green or gray padlock icon in your browser’s address bar also indicates that information, like credit card numbers, is encrypted when transmitted. Look for the lock.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

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China’s PIPL has finally arrived, and brings helpful clarification (rather than substantial change) to China’s data privacy framework

DLA Piper Privacy Matters

The PIPL includes a specific obligation on data controllers to adopt corresponding encryption or deidentification technologies, and to adopt access controls and training. These relevant industry regulators will be identified in due course by the CAC.

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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 100
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Reltio Named a Leader in the 2021 Forrester Wave™ Report for MDM

Reltio

Reltio serves several retail, travel and hospitality, and financial services customers that experience significant seasonal spikes in their usage. Many customers, including those in financial services and healthcare, say using Reltio allowed them to adopt other cloud solutions more quickly and implement their “cloud-first” strategy.

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