Hunton Privacy

FEBRUARY 7, 2023

As the nature of digital assets continues to evolve and develop, it is imperative that data privacy issues are considered and addressed in tandem with the development of financial services policy and regulation to ensure a coherent, comprehensive and practical regulatory approach that can support a trusted, open, innovative and competitive market.

Data Privacy 61

Data Privacy Blockchain Compliance Privacy 61

Schneier on Security

JANUARY 31, 2024

The rules would ensure people can obtain their own financial data at no cost, control who it’s shared with and choose who they do business with in the financial industry. This would change the economics of consumer finance and the illicit data economy that exists today.

Financial Services 101

Financial Services Privacy Personal data Marketing 101

Thales Cloud Protection & Licensing

JANUARY 10, 2024

Navigating the EU-US Data Protection Framework sparsh Thu, 01/11/2024 - 05:26 On 10 July 2023, the European Commission adopted a new adequacy decision regarding the Data Privacy Framework (“DPF”). This follows the invalidation of the EU-US Privacy Shield, by the Court of Justice of the European Union on 16 July 2020.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Compliance 57

Compliance Risk Government Retail 57

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic. Financial institutions find themselves in a difficult situation. Reducing risk and complexity.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

Collibra

FEBRUARY 11, 2020

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. For example, FinTech and RegTech companies are very interested in working with companies that have a strong framework for managing data, including personal data.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Security Affairs

OCTOBER 14, 2020

Cyber threats cause significant economic damage and threaten customer protection and data privacy. Experts are observing a significant increase in the number of Ransomware attacks against hospitals, financial institutions, schools, and other critical infrastructure in G7 countries. . ” continues the statement.

Ransomware 126

Ransomware IT Financial Services Data Privacy 126

Data Matters

MARCH 28, 2022

OCR’s reminders and recommendations for regulated entities include to: assess and reduce risks and vulnerabilities to the availability of ePHI, which is defined as “the property that data or information is accessible and useable upon demand by an authorized person” pursuant to the HIPAA Security Rule. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

Security Affairs

JUNE 20, 2023

Various data sovereignty challenges arise for many businesses, such as cross-border data transfers, compliance with differing data protection laws, and protecting sensitive information from unauthorized access.

Compliance 81

Compliance Cybersecurity Risk Encryption 81

IBM Big Data Hub

JANUARY 12, 2024

Organizations must conduct meticulous due diligence on the legal landscapes of the cloud providers’ operational jurisdictions, ensuring alignment with data protection regulations. Robust encryption, granular access controls and privacy-preserving techniques become imperative to counter the risks of unauthorized data access and use.

Cloud 104

Cloud Data Privacy Encryption Privacy 104

IBM Big Data Hub

JANUARY 10, 2024

This unique capability is designed for workloads that have strong data sovereignty, regulatory or data privacy requirements. As such, confidential containers play a key role across industries engineered to secure data and foster innovation.

Security 77

Security Cloud Data Privacy Financial Services 77

The Last Watchdog

MARCH 31, 2020

“The ability to ship software out quickly has become an imperative for almost all businesses, meaning, ‘If you don’t do this, your competitors will, and your business will be at risk,’” he says. Automating security-by-design There is one thing DevOps can’t get around: compliance with data handling rules and regulations.

Security 194

Security Privacy Financial Services Risk 194

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. NYDFS found that none of the assessments addressed the risks associated with the compromised O365 mailbox.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

The Last Watchdog

SEPTEMBER 21, 2018

That include longstanding standards such as health records rules, under HIPAA, and payment card security rules, under PCI DSS, and fresh rules under Europe’s revised GDPR data privacy mandate and New York State’s cyber certification rules for financial services companies.

Cloud 203

Cloud Security Mining Financial Services 203

Reltio

JUNE 9, 2022

Increased demand for new products tailored for customer lifestyles such as pay-per-use insurance and new capabilities such as individual risk-based pricing. Use of AI and IoT to support real-time risk assessment, individualized pricing, and fraud detection—and to offer new value-add services such as loss prevention.

Digital transformation 52

Digital transformation Insurance MDM Customer Experience 52

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. This underpins that data that has been disposed of properly cannot be accidentally misused or improperly accessed. Data is not just a risk. In the U.S.,

Privacy 144

Privacy Compliance Personal data Risk 144

Security Affairs

MARCH 18, 2019

One of the main reason why companies are launching security centric features is, they value their customer’s data, privacy and security. Slack announced today to launch encryption keys that will help businesses to protect their data. What are the security risks of Slack? Is Slack safe to use? Admin Roles.

Encryption 75

Encryption Risk Financial Services Privacy 75

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Compliance 67

Compliance Risk Government Retail 67

Data Matters

MARCH 12, 2019

Over the last few years, States have enacted increasingly aggressive legislation concerning data privacy and security, raising concerns that companies will be subject to a patchwork of different standards.

Privacy 68

Privacy IT Information Security Insurance 68

Hunton Privacy

NOVEMBER 10, 2016

Telecommunication and technology companies were the most represented respondents, followed by insurance and financial services companies, as well as pharmaceutical and healthcare companies. The survey respondents were a mix of both data controllers and data processors, with 57 percent controllers and 43 percent processors.

GDPR 45

GDPR Data Privacy Compliance Privacy 45

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. This underpins that data that has been disposed of properly cannot be accidentally misused or improperly accessed. Data is not just a risk. In the U.S.,

Privacy 52

Privacy Compliance Personal data Risk 52

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

The fact is, bad actors make plans and prey upon unprotected data – a very valuable currency. Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. financial services organizations is slowing.

Financial Services 22

Financial Services Encryption Cloud Digital transformation 22

HL Chronicle of Data Protection

JULY 9, 2019

Companies that look to benchmark what they are looking to do against their peers, in order to determine market practice, will often find that approaches diverge significantly, with the key variable often being the degree of regulatory risk an organisation considers to be acceptable. This step shouldn’t be taken lightly though.

GDPR 40

GDPR Personal data Privacy Financial Services 40

Reltio

JANUARY 23, 2020

For these reasons, many Chief Data Officers , Chief Information Officers, and heads of Enterprise Architecture and MDM have replaced their legacy master data management systems with Reltio Connected Customer 360 , including many of the top 10 pharmaceutical manufacturers, financial services and insurance companies, and global technology companies.

Customer Experience 71

Customer Experience MDM Healthcare Marketing 71

IT Governance

DECEMBER 11, 2023

Source (New) Professional services USA Yes 10,799 Blue Waters Products Limited Source (New) Manufacturing Trinidad and Tobago Yes >10 GB Getrix Source (New) Technology Italy Yes 10 GB Nida Corporation Source (New) Manufacturing USA Yes 10 GB Kirkwood Bank & Trust Source (New) Finance USA Yes 8,719 Baird Insurance Services, Inc.

Data Privacy 101

Data Privacy Energy and Utilities Privacy Manufacturing 101

IT Governance

JANUARY 23, 2024

Australian government sets out risk-based system to respond to AI The Australian government has launched its plan to respond to the rise in AI, using a risk-based system to impose proportionate controls on its use.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

Hunton Privacy

JANUARY 20, 2023

As financial services authorities move to regulate digital assets in jurisdictions worldwide, the paper highlights the need to bring privacy regulators into the discussion so that data privacy issues affecting blockchain are addressed in tandem.

Paper 134

Paper Blockchain Privacy Financial Services 134

IT Governance

JANUARY 16, 2024

The post The Week in Cyber Security and Data Privacy: 8 – 14 January 2024 appeared first on IT Governance UK Blog. We’ll be back next week with the biggest and most interesting news stories, all rounded up in one place. In the meantime, if you missed it, check out last week’s round-up. Alternatively, you can view our full archive.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

Data Matters

JANUARY 2, 2018

Data breach litigation risks. Data breach litigation may reach a turning point in 2018. Until recently, “standing” to sue has doomed most data breach complaints due to significant uncertainty about whether the data breach plaintiffs had suffered sufficiently serious and certain injury. financial markets.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

Collibra

NOVEMBER 10, 2023

Personal data should be handled with care. Some key components of the AI Executive Order include: New standards for AI safety and security: Establishing a set of rules and actions to protect Americans from risks related to the use of artificial intelligence, the largest set of rules of its kind in history.

Artificial Intelligence 85

Artificial Intelligence Government Security Data Privacy 85

IBM Big Data Hub

APRIL 11, 2024

A cloud-based infrastructure that uses IBM Cloud® for Financial Services can be the answer to ensure the security, privacy and flexibility needed to keep up with these changes in the industry. The mandate requires robust implementation of security and data privacy through fraud detection and fraud prevention.

Cloud 64

Cloud Financial Services Privacy Compliance 64

eDiscovery Daily

OCTOBER 21, 2019

This year’s International Panel will present legal perspectives from across the globe, updating you on the latest developments in cross-border e-discovery, conflict of laws, and data privacy and protection. Have we lost the battles over data privacy and data protection with our data exposed for all to see?

e-Discovery 45

e-Discovery e-Delivery GDPR Education 45

IBM Big Data Hub

OCTOBER 16, 2023

In addition, certain countries have privacy laws that restrict the disclosure of personal data to third parties. Data sovereignty in the EU is an evolving field. Data stored in cloud computing services may be under the jurisdiction of more than one country’s laws.

Cloud 72

Cloud Compliance Data Privacy Privacy 72

Reltio

DECEMBER 10, 2021

Reltio serves several retail, travel and hospitality, and financial services customers that experience significant seasonal spikes in their usage. Managing your core data in the cloud also opens the door to easier cloud adoption for other applications and analytics solutions.

MDM 98

MDM Analytics Digital transformation Cloud 98

eSecurity Planet

JANUARY 24, 2024

For teams in industries like financial services, healthcare, and government, the more specific the access rule, the better. For example, a private network for a hospital, financial services provider, or government agency will need highly restrictive rules, such as thorough blocklists and limited allowlists.

Access 100

Access Financial Services Compliance Security 100

Gimmal

MAY 31, 2023

The introduction of the MaaS offering represents a synergistic blend of our expertise, enabling us to provide a more holistic solution for our clients as they navigate the complexities of today’s data privacy and information governance landscape,” said Jason Velasco, CEO of Kindato.

Information governance 52

Information governance ECM Government Financial Services 52