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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. Location Matters.

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New York Enhances Cybersecurity Regulations of Financial Services

SecureWorld News

On November 1, 2023, the New York Department of Financial Services (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations.

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Opening Up Open Banking: The CFPB's Personal Financial Data Rights Rule

Thales Cloud Protection & Licensing

This regulation aims to transform how consumers interact with their financial data, fostering competition and innovation in the financial services industry. According to a 2023 survey conducted by Visa, 91% of consumers link their financial accounts to third parties.

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New York Financial Services Firms to Face More Cybersecurity Oversight

SecureWorld News

The New York State Department of Financial Services (NYDFS) is proposing an amendment to its regulations that will require financial services companies to up their cybersecurity game. It's a core responsibility of the board and management team.". Know crisis and issue management. Create strong content across channels.

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Top Cybersecurity Trends to Watch Out For in 2025

Centraleyes

Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with system administrators and developers accounting for most of these errors. From GDPR updates to sector-specific regulations like HIPAA and PCI DSS, companies will face new mandates to protect sensitive data.

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Top 6 Compliance Management Tools for Financial Services

Centraleyes

The financial services industry is arguably one of the most highly regulated sectors worldwide. This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industrys central role in global financial stability.

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CSO's ultimate guide to security and privacy laws, regulations, and compliance

CSO Magazine

Health Insurance Portability and Accountability Act (HIPAA). Nevada Personal Information Data Privacy Encryption Law NRS 603A. New York State Department of Financial Services, Cybersecurity Requirements for Financial Services Companies (23 NYCRR 500). North American Electric Reliability Corp.

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