Tag: data protection
A step-by-step guide to AI implementation in financial crime compliance
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.
Boosting bank security: How HCL BigFix aligns with RBI’s latest compliance...
The Reserve Bank of India (RBI) serves as the primary financial regulator in India, steering monetary policies and overseeing the nation's banking framework. In a move to enhance cybersecurity in the financial sector, the RBI has unveiled its Cyber Security Framework, which sets a comprehensive suite of controls and guidelines to mitigate growing security risks effectively.
How behaviour analytics tools enhance security and privacy in on-premises and...
Integrating behaviour analytics tools within on-premises IT infrastructures offers significant benefits, mainly through customization and direct control over security measures.
UK-based CyberTech ExactTrak secures £1m in funding
ExactTrak, a UK-based cybersecurity firm known for its innovative approach to protecting data and devices, has successfully raised £1m in funding.
ESAs call for changes to the monitoring of BigTechs’ financial services...
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.
Top 5 data protection strategies for 2024
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.
Navigating the regulatory minefield: Record fines highlight 2023’s compliance challenges
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.
Ridgeline International secures pivotal backing from Enlightenment Capital
Enlightenment Capital, an investment firm from the Washington DC area, recently announced a strategic investment in Ridgeline International, a specialist in proprietary intelligence and...
Drata’s new TPRM offering aims to optimise compliance
Drata, known as the world's most advanced security and compliance automation platform, has made headlines again. Nestled within the innovative FinTech sector, Drata stands out for its continuous security and compliance automation solutions.
Navigating cyber threats in education: The shield of board management software
Digital transformation in the educational sector, encompassing elementary schools to prestigious universities, has made them a prime target for cyberthreats.