Tag: data protection

Never before has the need for global regulatory compliance been so critical, with companies operating across international borders and facing a labyrinth of diverse regulatory frameworks. This comprehensive guide explores what global regulatory compliance entails, its significance, and the main compliance categories.

The imperative nature of data security and regulatory compliance in regulated industries cannot be overstated. For organisations handling sensitive information, the pursuit of robust security measures and compliance with stringent standards is non-negotiable.

Aim Security, a cyber firm specialising in the protection of GenAI within enterprises, has successfully raised $18m in a Series A.

In the realm of FinTech, understanding the nuances between Know Your Customer (KYC) and Know Your Business (KYB) is essential for businesses navigating the complexities of regulatory compliance and risk management. Both KYC and KYB processes are foundational in building trust and ensuring financial integrity within companies.

Cyberhaven, a leader in the field of data detection and response (DDR), has successfully raised $88m in its Series C funding round.

AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.

ExactTrak, a UK-based cybersecurity firm known for its innovative approach to protecting data and devices, has successfully raised £1m in funding.

The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) have released a comprehensive report, shedding light on the direct provision of financial services by BigTech companies in the EU.

In the fast-paced world of data protection and privacy, 2024 marks a significant year with its own set of challenges and opportunities. Theta Lake, a provider of digital communications governance technology, has offered a comprehensive list of the top data protection strategies, focusing on how Theta Lake is pioneering in this space.

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.