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Open Banking: going beyond compliance

CGI

At the moment, the scope in the UK is aimed at current accounts and payments initiation (Retail and SME customers), but it will certainly be expanded to accommodate other banking products and payment types. The adoption of the Open Banking standard, whilst technically complex, is not the most important part of the journey.

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How data breaches are affecting the retail industry

IT Governance

Only time will tell – and we may not have to wait long – but in the meantime, what is the impact of data breaches in the retail industry, and what needs to be done to mitigate them? The harsh reality is that no organisation can ever deem itself completely safe and at zero risk of a data breach. million users was compromised.

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Spotlight Podcast: At 15 Cybersecurity Awareness Month Grows with Cyber Risk

The Security Ledger

And this year is a special occasion: a Quinceañera of sorts recognizing 15 years since the first Cybersecurity Awareness Month in 2004. Problems like cyber crime were predictable outgrowths of growing connectivity and convenience – from electronic banking to online retail, Angel Grant of RSA told me. The Computers in our Pockets.

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PCI DSS: Lessons to learn from recent payment card breaches

IT Governance

What happened: In July 2018, the electronics retailer confirmed that 105,000 customers’ payment card details had been compromised , because they didn’t have chip-and-PIN protection. Customers’ names, gender, delivery and invoice addresses, phone numbers and email addresses are also at risk. The cost of a payment card data breach.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

Because Business and Professions Code § 17206 was enacted by the voters through Proposition 64 in 2004, and cannot be amended through legislation pursuant to the California Constitution (Article II, § 10), the current penalty provision may be void. Those amendments were the subject of a contentious battle between interested stakeholders.

Privacy 58
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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

Because Business and Professions Code § 17206 was enacted by the voters through Proposition 64 in 2004, and cannot be amended through legislation pursuant to the California Constitution (Article II, § 10), the current penalty provision may be void. Those amendments were the subject of a contentious battle between interested stakeholders.

Privacy 58