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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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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

Important new guidelines outlining how personal and other types of financial information should be handled by financial institutions throughout the data lifecycle have just come into force in China, including a new data localisation obligation. The “Financial Data Lifecycle Guidelines” (????????????)

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Data Integrations

Import.IO

Data Feeds and Niche Markets As the holidays are in full swing in the US, real-time data and tracking are a constant need to respond to the demands of the consumer markets. In past articles we discussed many ways to gather niche data feeds like targeted market research, financial services facts, and other custom data […].

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Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

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).

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Top 7 Data Governance Blog Posts of 2018

erwin

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. Defining Data Governance. www.erwin.com/blog/defining-data-governance/.

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

The Last Watchdog

The IC gathers, stores and processes large amounts of data, from a variety of sources, in order to provide actionable information for key stakeholders. And, in doing so, the IC has developed an effective set of data handling and cybersecurity best practices. Collection. Gather raw data from various sources. Processing.

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Big California Privacy News: Legislative and Enforcement Updates

Data Matters

Modeled after a similar law in the UK, the AADCA would first come into effect on July 1, 2024 and would require businesses to configure privacy settings to high levels of privacy, and restrict their ability to profile minors and collect geolocation information.

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