Items Tagged with 'data regulation'

Concerns that outdated legacy systems could be leaving firms vulnerable to mounting cyber risks are driving a wave of technology spending in the financial services industry. 

2025 will be a pivotal year as business leaders look to protect organizational and user data from damaging cyberattacks. 

The Federal Trade Commission (FTC) has banned software company Avast from selling or licensing web browsing data for advertising purposes. 

A report found that 68% of IT workers feel overwhelmed by the number of technical resources that are required to access the data they need to work.

Education technology provider Edmodo received an order from the FTC for collecting children's personal data without proper parental consent.

FTC takes enforcement action against GoodRx and claims GoodRx failed to notify consumers of unauthorized disclosures of personal health information. 

At any given time, data retention laws may be added or altered, so Chief Data Officers (CDOs) need to stay current with retention laws to ensure compliance.

Security professionals can follow four tips to ensuring organizational data privacy, including interdepartmental communication, security training, and data management.

Shirin Hamid, an experienced cybersecurity and IT professional, is expected to begin as the CIO and Director of the IT Department at the International Monetary Fund (IMF) in January 2022.

Rather than be caught off-guard and left to play catch-up, security and IT professionals should begin planning now for the many new and updated regulations, standards and proposed pieces of legislation that will be sweeping over the financial services industry and other sectors in the near future.