Understanding GDPR in the Financial Sector

GDPR financial institutions featured

When considering security and finance, we typically consider regulations like PCI DSS, SOX, or FINRA. But if you’re a company doing business in Europe, there’s another framework you need to consider–GDPR. This set of regulations not only governs the exchange of consumer data but also has a massive impact on how financial organizations navigate commerce in the EU and across borders. 

Here, we’ll cover some basics financial institutions might want to consider when adopting GDPR requirements. 

 

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What Is NVLAP and How Do I Seek Accreditation?

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We’ve often focused on security and maintenance from the perspective of technology itself–specifically, how it is deployed and used by individuals in the real world. But, the truth is that assessments of security technologies don’t start when an enterprise deploys them. Rather, in cases of tech like cryptography modules and biometrics, it begins in the lab that creates them. And that’s where the National Voluntary Laboratory Accreditation Program comes in. 

This article discusses NVLAP and its vital function in enhancing the credibility of laboratories involved in testing and calibration. This includes using third-party assessment and rigorous standards to govern how labs protect and assure the products they produce.

 

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What Is Proactive Cybersecurity? Preparing for Threats Before They Strike

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Modern cybersecurity is about more than just reacting to threats as they emerge. Adopting proactive cybersecurity measures is not just a strategic advantage; it’s an operational necessity that can spell the difference between business as usual and breaches that erode customer trust and shareholder value.

Whether you’re a cybersecurity veteran or new to the domain, understanding the urgency and advantages of proactive cybersecurity can help your organization stay ahead of emerging threats and avoid the significant costs associated with data breaches and compliance failures.

 

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