UniCredit, Italy's leading bank, has faced tough sanctions from the Italian Data Protection Authority (Garante) due to a data breach in 2018 that left customer information vulnerable. The bank has been fined €2.8 million for failing to uphold the strict data security standards mandated by the
Open banking is set to revolutionize the financial landscape in Canada, with the government pledging to roll it out by 2025. This innovative system will empower consumers by giving them greater control over their financial data. It promises to enhance the ease with which Canadians can manage their
As artificial intelligence (AI) continues to advance, ethical considerations in AI development are increasingly highlighted. IBM, with deep roots in the tech sector, ardently champions transparency. The company's chief privacy and trust officer, Christina Montgomery, has notably been vocal about