As implementation of the EU’s Digital Operational Resilience Act approaches, financial market participants and their technology service providers (both in and out of Europe) face critical compliance deadlines. We share ways companies can proactively prepare for the stringent regulatory demands.
In 2019, the US data privacy framework changed significantly with the emergence of the California Consumer Privacy Act which created a significant compliance burden for most businesses that collect personal information about California residents. Since then, activity at the state level has increased as more states look to establish data privacy laws in the absence of a comprehensive data privacy law at the federal level.
Navigating Compliance: A Guide to the U.S. Government Configuration Baseline. Learn about USGCB, its requirements, and top FAQs for cybersecurity pros.
CyberScoop reports that House lawmakers have been urged by IT, banking, and oil and natural gas industry representatives to streamline cybersecurity regulations amid the presence of duplicative, inconsistent, and conflicting rules.
Governments around the world are developing AI laws and regulations, which will bring increasing complexity for CIOs whose businesses are engaged across multiple jurisdictions.
The future of healthcare lies in the successful integration of workflow automation and advanced technologies. As the buzz-word salad of AI, such as NLP, LLMs, Gen AI, RPA, etc continue to evolve, their potential to revolutionize healthcare workflows will only increase.
On June 21, 2024, the US Department of the Treasury issued a Notice of Proposed Rulemaking (“Proposed Rule”) to implement Executive Order 14105 (“EO”) establishing a new Outbound Investment Program ("OIP") to prohibit or require notification of certain outbound US investments to China (including Hong Kong and Macau) in several technology sectors relevant to military, intelligence, surveillance, or cyber-enabled capabilities. The Proposed Rule reflects an attempt to balance the relatively narrow scope of the OIP with coverage that avoids loopholes.
Amazon on Friday was sent a formal request for information by the European Commission on how the tech giant has complied with the body’s Digital Services Act.
From family farms and businesses to established agribusinesses to emerging ag tech companies, a new federal law requires business entities to disclose...
WASHINGTON—The Subcommittee on Cybersecurity, Information Technology, and Government Innovation held a hearing titled, “Enhancing Cybersecurity by Eliminating
Professional website hosting offers several benefits over using a free or shared hosting service. Here are some key advantages: Reliability and Uptime...
The U.S. Department of the Treasury (Treasury), as Chair of the Committee on Foreign Investment in the United States (CFIUS), has announced a proposed...
As the directive for the European Union’s Digital Operational Resilience Act approaches, financial institutions and their providers of information and communications technology have significant work ahead, a new McKinsey survey shows.
Both companies are subject to tougher requirements under the Digital Services Act such as doing more to tackle illegal and harmful content on their platforms.
PUNE, INDIA - Media OutReach Newswire - 16 July 2024 - Thanks to a recently awarded government certification, businesses facing new data deletion mandates...
Fintech Laws and Regulations covering issues in Saudi Arabia of The Fintech Landscape, Funding for Fintech, Fintech Regulation, Accessing Talent, Technology
In an effort to improve the regulatory and compliance capacity of Nigerian tech startups, the UK-Nigeria Tech Hub, Viaduct Design and Creativity Foundation and Golborne Road Advisory (“GRA”), proudly announce the Regulatory and Compliance School Project. Recent surveys indicate that 24% of Nigerian fintechs find navigating the regulatory environment a major challenge, while 18% struggle […]
With the government planning to introduce the rules pertaining to the Digital Personal Data Protection Act (“DPDPA”), 2023 soon, it becomes imperative for the industry to step-up to the next phase...
Businesses must stay vigilant against financial crimes. Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations are critical in safeguarding against fraud and illegal activities. However, compliance can be complex and time-consuming. This is where digital identity verification comes into play, revolutionizing how companies manage KYC and AML processes.