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

DLA Piper Privacy Matters

Authors: Carolyn Bigg, Amanda Ge and Venus Cheung On July 24, 2023, the People’s Bank of China (“ PBOC ”) released the Measures for the Management of Data Security in the Business Areas Falling into PBOC’s Jurisdiction (Draft for Comment) (“ Draft Measures” ) for public consultation, which closes on August 24, 2023.

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GUEST ESSAY: 5 security steps all companies should adopt from the Intelligence Community

The Last Watchdog

And, in doing so, the IC has developed an effective set of data handling and cybersecurity best practices. Businesses at large would do well to model their data collection and security processes after what the IC refers to as the “intelligence cycle.” Related video: Using the NIST framework as a starting point.

Security 149
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Big California Privacy News: Legislative and Enforcement Updates

Data Matters

The exemptions will now expire at the end of 2022 and require businesses to extend CCPA rights to all California residents whose personal information they collect, without regard to their employment status. If this bill becomes law, it will be effective beginning January 1, 2023. In addition to $1.2

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% Fraud.net offers specific solutions for a number of industries, including gaming, financial services, and eCommerce, as well as government organizations.

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What can AI and generative AI do for governments?

IBM Big Data Hub

While that can mean hiring new talent like data scientists and software programmers, it should also mean providing existing workers with the training they need to manage AI-related projects. For example, public sector agencies can make better use of data by migrating certain technology systems to the cloud and infuse it with AI.

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Top 7 Data Governance Blog Posts of 2018

erwin

The Top 6 Benefits of Data Governance. www.erwin.com/blog/top-6-benefits-of-data-governance/. GDPR went into effect for businesses trading with the European Union, including hefty fines for noncompliance with its data collection, storage and usage standards. Data Governance 2.0 for Financial Services.

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China: Navigating China episode 16: New data lifecycle guidelines for financial institutions in China – detailed assessments, additional security measures and some data localisation introduced

DLA Piper Privacy Matters

This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. similar to the PIS Specification, but focused on the banking and financial services industry). Level 1: public data. are fulfilled.