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For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.
On July 29, 2022, the New York Department of FinancialServices (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for FinancialServices Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9
Regulators are focusing on the data relationships financialservices organizations have with third parties, including how well personal information is being managed. There are several areas that the international financialservices regulatory community is engaged in that touch on third party personal data relationships.
Focused on targeted sectors within five industries – technology, healthcare, financialservices, consumer and businessservices – the firm invests in profitable, growing companies around the world with opportunities for sustained growth.
The post FCA Publishes Wholesale Banks and Asset Management Cyber Multi-Firm Review Findings appeared first on Data Matters Privacy Blog. For one, many had defined the threat landscape too narrowly. A full copy of the FCA report can be found here.
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