Remove Consumer Protection Remove Encryption Remove Financial Services
article thumbnail

PSD2 Regulation and Compliance

Thales Cloud Protection & Licensing

PSD2 Regulation and Compliance josh.pearson@t… Wed, 09/04/2024 - 23:44 The PSD2 directive is a cornerstone of payment legislation in Europe, designed to enhance consumer protection, foster innovation, and create a more integrated and secure European payment landscape. Initially, PSD2 was set to take full effect on September 14, 2019.

Banking 62
article thumbnail

FFIEC Updates Its Cybersecurity Guidelines For Financial Institutions

ForAllSecure

Therefore, the FFIEC provides guidance on financial regulations and best practices for federal supervisory agencies, as well as helping them develop exam policies for banks, savings associations, credit unions, thrifts, and other financial institutions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024 Cybersecurity Laws & Regulations

eSecurity Planet

This includes administrative, physical, and technical safeguards like encryption and access controls. The CCPA requires businesses to provide transparency about data collection practices and allows consumers to opt out of selling their personal information.

article thumbnail

Security Compliance & Data Privacy Regulations

eSecurity Planet

Financial Data Protection Laws. financial data must comply with consumer-protection laws such as the Electronics Fund Transfer Act (EFTA) and a litany of regulations enforced by the SEC (such as Sarbanes-Oxley), CFTC, FISMA, and other financial regulatory bodies. Health data and patient data in the U.S.

article thumbnail

Turning Aspiration into Action to Protect Financial Institutions

Thales Cloud Protection & Licensing

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. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

article thumbnail

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

CSO Magazine

4806 — An Act relative to consumer protection from security breaches. 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). Massachusetts Bill H.4806

CSO 128
article thumbnail

The Hacker Mind Podcast: EP 69 Self-Healing Operating Systems

ForAllSecure

So system matching learns what to what's an anomaly in addition to all the hundreds of rules that are typically written into a sim and the built in data governance, or GDPR, the CCPA California Consumer Protection Act, and then the fact that the programming is is easier. VAMOSI: Michael mentioned financial services.