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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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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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CFPB’s Proposed Data Rules

Schneier on Security

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.

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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. The rule comes into effect on April 1, 2026.

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DEEP TECH NEWS: Respecting individual rights by using ‘privacy preserving aggregate statistics’

The Last Watchdog

I had the chance to visit with , senior scientist at NTT Research’s Cryptography & Information Security (CIS) Lab , to learn more about the progress being made on a promising concept called “privacy preserving aggregate statistics.” Rising data privacy regulations underscores the need for such a capability, Boyle told me.

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Certain About Your Data Privacy Measures?

Security Boulevard

Are You Confident in Your Data Privacy Measures? Professionals in financial services in healthcare, travel, DevOps, and SOC teams that managing securitization processes in the cloud; do you feel confident about your data privacy measures? The post Certain About Your Data Privacy Measures?