The Digital Operational Resilience Act (DORA) regulation is part of the European Union’s (EU) strategy to enhance the overall stability of the EU financial system by ensuring that financial entities are resilient to digital...more
7/19/2024
/ Banking Sector ,
Compliance ,
Cyber Threats ,
Cybersecurity ,
Data Security ,
Digital Platforms ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Stability Mechanism ,
European Supervisory Authorities (ESAs) ,
Financial Institutions ,
Financial Services Industry ,
Information Technology ,
SaaS ,
Technology
Non-bank financial institutions will have a new data breach disclosure requirement effective May 13, 2024. The Federal Trade Commission (FTC) recently updated the Gramm-Leach-Bliley Safeguards Rule (“Safeguards Rule”), adding...more
The financial services sector must already contend with a maze of regulations in a variety of areas, and 2023 is poised to usher in new cybersecurity regulations for the industry. Organizations should ensure their security...more
2/17/2023
/ Banking Sector ,
California Privacy Rights Act (CPRA) ,
CFTC ,
Cyber Incident Reporting ,
Cybersecurity ,
Data Protection ,
Data Security ,
Fair Credit Reporting Act (FCRA) ,
FDIC ,
Federal Reserve ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
Gramm-Leach-Blilely Act ,
NCUA ,
NYDFS ,
OCC ,
Popular ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC)