Data Protection

RegTech: Streamlining Compliance and Fostering Innovation for Utilities
Regulatory & Compliance RegTech: Streamlining Compliance and Fostering Innovation for Utilities

The energy industry is currently experiencing significant transformations due to the rapid emergence of regulations aimed at reducing emissions, improving grid reliability, and protecting consumer data. This evolving landscape poses substantial challenges for utilities, which must remain compliant

Enhancing Security and Privacy Compliance in a Complex Digital World
Regulatory & Compliance Enhancing Security and Privacy Compliance in a Complex Digital World

In today's digital age, organizations face an increasingly complex regulatory landscape for data privacy and cybersecurity. With the introduction of stringent regulations and the rise of sophisticated cyber threats, businesses must adopt comprehensive strategies to ensure compliance and

Are Retailers Ready to Combat Cyber Threats This Cyber Monday?
Digital & Technology Are Retailers Ready to Combat Cyber Threats This Cyber Monday?

As Cyber Monday approaches, retailers worldwide are bracing for the surge of online transactions and the accompanying increase in cyber threats. The State of Ransomware in Retail 2024 report by Sophos revealed an alarming statistic: nearly 80% of retail organizations experienced ransomware attacks

Iowa's Consumer Privacy Law: Balancing Protection and Compliance
Digital & Technology Iowa's Consumer Privacy Law: Balancing Protection and Compliance

The new Iowa Consumer Data Protection Act (IACDPA), signed into law by Iowa Governor Kim Reynolds on March 28, 2023, is poised to introduce significant changes to how businesses handle personal data come January 1, 2025. This legislation represents a strategic move to fortify consumer data privacy,

EDPB Provides Guidance on Processor Compliance Under GDPR
Digital & Technology EDPB Provides Guidance on Processor Compliance Under GDPR

In a move significant for the financial sector, the European Data Protection Board (EDPB) issued an opinion on October 7, 2024, aimed at guiding data controllers on their reliance on processors and subprocessors under the General Data Protection Regulation (GDPR). The guidance underscores two

Enhancing Third-Party Risk Management for Community Banks' Cybersecurity
Digital & Technology Enhancing Third-Party Risk Management for Community Banks' Cybersecurity

Community and mid-size banks face increasing pressure to improve their third-party risk management practices, particularly in the realm of cybersecurity. As cyber threats evolve and regulatory expectations heighten, these banks must prioritize rigorous due diligence and robust contract negotiations

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