Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 105

Marketing Government Financial Services Artificial Intelligence 105

Collibra

JULY 21, 2021

Financial services are highly regulated and maintain a strong focus on compliance and risk management. Considering that major financial organizations handle enormous amounts of data today, they require data accuracy and integrity at all times to minimize risks. What is data quality in financial services?

Financial Services 59

Financial Services Analytics Compliance Risk 59

eSecurity Planet

AUGUST 9, 2022

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, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. GDPR-style data privacy laws came to the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

erwin

APRIL 11, 2019

Keeping up with new data protection regulations can be difficult, and the latest – the General Data Protection Regulation (GDPR) – isn’t the only new data protection regulation organizations should be aware of. The Regulatory Rationale for Integrating Data Management & Data Governance. employees).

GDPR 100

GDPR Compliance e-Discovery Metadata 100

erwin

FEBRUARY 20, 2020

A North American banking group is using erwin Evolve to integrate information across the organization and provide better governance to boost business agility. Developing a shared repository was key to aligning IT systems to accomplish business strategies, reducing the time it takes to make decisions, and accelerating solution delivery.

Compliance 128

Compliance Financial Services Healthcare Digital transformation 128

Thales Cloud Protection & Licensing

FEBRUARY 28, 2024

How better key management can close cloud security gaps troubling US government madhav Thu, 02/29/2024 - 05:38 In my first blog on this topic I noted a Treasury Department report released last year listed six cloud security challenges financial sector firms face. This hack included US Government networks.

Cloud 78

Cloud Government Encryption Security 78

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

It aims to ensure that financial institutions, ranging from banks to payment processors, can manage and mitigate risks associated with information and communication technology. Key areas covered by DORA include incident reporting, regular ICT risk assessments, third-party risk management, and maintaining robust governance frameworks.

Privacy 62

Privacy Encryption Compliance Risk 62

erwin

DECEMBER 20, 2018

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. Defining Data Governance. www.erwin.com/blog/defining-data-governance/.

Government 40

Government Financial Services GDPR Data breaches 40

erwin

JULY 8, 2020

It also serves to operationalize and govern mission-critical information by making it available to the wider enterprise at the right levels to identify synergies and ensure the appropriate collaboration. Industry and government regulations affect businesses that work in or do business with any number of industries or in specific geographies.

Digital transformation 136

Digital transformation Compliance GDPR Healthcare 136

Data Protection Report

DECEMBER 17, 2020

On 25 November 2020, the European Commission ( EC ) published its proposed Data Governance Regulation (the DGR ), which will create a new legal framework to encourage the development of a European single market for data. What are the objectives of the Data Governance Regulation? This is part one of a series of three blog posts.

Government 102

Government Personal data Marketing Agriculture 102

Data Protection Report

DECEMBER 23, 2019

The authority claimed a violation of data minimisation and privacy by design principles under the EU General Data Protection Regulation (GDPR). . However, this is not a new concern or one limited to the EU or the GDPR. How do you build an effective information governance program? In the U.S., Data is not just a risk.

Privacy 144

Privacy Compliance Personal data Risk 144

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Data breaches 147

ARMA International

APRIL 18, 2022

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. 12 GDPR Enforcement Tracker. 13.709, Article 19 (Brazil, August 14).

Personal data 116

Personal data GDPR Privacy Records Management 116

CGI

MAY 25, 2017

Countdown to GDPR: it’s time for action. Right now if there is one thing looming large on the radar of senior banking executives, it’s GDPR. The UK may be leaving the EU but this is one legal instrument that’s not up for negotiation: government has made clear that the GDPR in all its detail is here to stay.

GDPR 40

GDPR Personal data Financial Services Compliance 40

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. IT governance and security. Privacy governance and management. Enterprise & operational risk management. Audit management.

Compliance 58

Compliance Risk Government Retail 58

erwin

JUNE 21, 2019

Industry and government regulations affect businesses that work in or do business with any number of industries or in specific geographies. Industry-specific regulations in areas like healthcare, pharmaceuticals and financial services have been in place for some time. Ensuring Compliance.

Healthcare 108

Healthcare Compliance Financial Services GDPR 108

Adam Levin

OCTOBER 18, 2018

A bill seeking to standardize data breach notifications for the financial industry at the federal level was passed this week by the House Financial Services Committee. Despite its passage by the House Financial Services Committee, the bill itself is regarded as highly unlikely to pass in the current Congressional session.

Financial Services 68

Financial Services Data breaches GDPR Privacy 68

Data Protection Report

JANUARY 6, 2020

There was guidance from data protection regulators in the UK, France and Germany which made clear that implied cookie consent mechanisms are not viable under the EU General Data Protection Regulation (GDPR). It’s time to take the “data and records retention project” out of the “too hard / I’ll do it after GDPR” tray. In the U.S.,

Privacy 85

Privacy GDPR Data breaches Risk 85

erwin

NOVEMBER 14, 2019

Data governance tools used to occupy a niche in an organization’s tech stack, but those days are gone. The rise of data-driven business and the complexities that come with it ushered in a soft mandate for data governance and data governance tools. Research indicates business leaders recognize the need for data governance tools.

Government 40

Government Data breaches Metadata GDPR 40

DLA Piper Privacy Matters

FEBRUARY 28, 2022

The WhatsApp Ireland decision, which resulted in a fine of €225 million along with an order directing WhatsApp to bring its processing into compliance with the GDPR, has resulted in many organisations re-reviewing data protection notices to meet the DPC’s granular approach to transparency highlighted in the decision.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

Reltio

OCTOBER 24, 2018

privacy law , similar to GDPR (General Data Protection Regulation), is appropriate and timely. But today modern data management solutions that include technologies like machine learning empower organizations to implement data governance and privacy initiatives at scale, and are an essential part of their overall Customer 360 data strategy.

Data Privacy 74

Data Privacy Privacy GDPR Compliance 74

Thales Cloud Protection & Licensing

FEBRUARY 11, 2020

Some of our first customers were in financial services and government agencies, where our technologies were used to create a “need to know” in a system that obeys a strict privilege hierarchy and where “root” owns all things. However, technology and governance have. Governance. Technology. New frontiers.

Cloud 87

Cloud Government Financial Services Access 87

erwin

DECEMBER 17, 2020

The same is true for data, with a number of vendors creating data models by vertical industry (financial services, healthcare, etc.) The CDM provides a best-practices approach to defining data to accelerate data literacy, automation, integration and governance across the enterprise. The CDM takes this concept to the next level.

Metadata 90

Metadata Analytics Government Financial Services 90

Reltio

DECEMBER 10, 2021

Reltio scored well in matching, context, governance, business templates, deployment, security, and scalability. Reference customers liked its capabilities around user-friendly search, ease to manage, and reliability, as well as its well-managed software-as-a-service (SaaS) platform.”. Continuous Data Quality and Governance.

MDM 98

MDM Analytics Digital transformation Cloud 98

Troy Hunt

SEPTEMBER 27, 2024

As it relates to the UK GDPR, there are two essential concepts to understand, and they're the first two bulleted items in their personal data breaches guide : The UK GDPR introduces a duty on all organisations to report certain personal data breaches to the relevant supervisory authority. " quickly following.

Data breaches 128

Data breaches GDPR Personal data Risk 128

Data Protection Report

JULY 5, 2021

The Data Act would need to be coordinated with other legislative measures, such as the GDPR, while respecting rights in relation to data and investments made into their collection. Mitigate risks resulting from government access to non-personal data of EU companies, held by foreign cloud computing service providers.

B2B 144

B2B Personal data Cloud Access 144

erwin

MARCH 28, 2019

s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) are requiring businesses across industries to think about their compliance efforts. This also extends to industry-specific other compliance mandates such as those in healthcare, pharmaceutical and the financial services industries.

Digital transformation 71

Digital transformation Healthcare Compliance Financial Services 71

IT Governance

DECEMBER 11, 2023

Enforcement ECJ ruling makes it easier for data protection authorities to impose GDPR fines The European Court of Justice has issued a verdict relating to two GDPR (General Data Protection Regulation) enforcement cases, in Lithuania and Germany, which will have wider implications for all data protection authorities.

Data Privacy 97

Data Privacy Energy and Utilities Privacy Manufacturing 97

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic. The increased risk of non-compliance with government regulations and industry mandates.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

DLA Piper Privacy Matters

APRIL 26, 2021

This also extends to providers or users of AI systems who are located outside the EU if they are placing AI systems into service in the EU or using the outputs derived from the AI systems operating in the EU. There are parallels here with the extra-territorial effect of the GDPR. Governance, enforcements and sanctions .

Artificial Intelligence 114

Artificial Intelligence Risk Marketing GDPR 114

Collibra

FEBRUARY 11, 2020

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. There are several areas that the international financial services regulatory community is engaged in that touch on third party personal data relationships.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Thales Cloud Protection & Licensing

APRIL 1, 2021

Meeting Security and Compliance : Help meet internal policy and compliance mandates including regulations such as GDPR, HIPAA and Schrems II, by ensuring master encryption keys are held in a Luna HSM separate from where sensitive data resides.

Encryption 79

Encryption Compliance Cloud GDPR 79

The Last Watchdog

OCTOBER 29, 2019

Long-run damage Data Theorem has won customers from the financial services and technology sectors that are routinely creating dozens of new APIs per day. Last year, Europe toughened its General Data Protection Regulation (GDPR), specifically adding U.S.-style Data breach disclosure laws in effect across 47 U.S.

Digital transformation 140

Digital transformation Data breaches Cloud Mining 140

Data Matters

JANUARY 2, 2018

As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR. The May 25, 2018 effective date for the EU’s General Data Protection Regulation (GDPR) will no doubt be a central focus of 2018. The GDPR expands the rights of EU individuals and the obligations placed on organizations.

Privacy 67

Privacy Cybersecurity Data breaches GDPR 67

IBM Big Data Hub

FEBRUARY 22, 2024

IBM’s Enterprise Cloud for Regulated Industries Building on our expertise working with enterprise clients in industries such as financial services, government, healthcare and telco, we saw the need for a cloud platform designed with the unique needs of these heavily regulated industries in mind.

Cloud 73

Cloud Computer and Electronics Compliance Financial Services 73

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. Although monitoring software comes with understandable privacy issues, remember that the GDPR (General Data Protection Regulation) doesn’t prohibit their use.

Compliance 119

Compliance Data breaches Privacy Risk 119

ARMA International

DECEMBER 26, 2019

Government topped the list of vertical industries at 23%. in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams. in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams.

Content services 92

Content services Cloud Records Management Privacy 92