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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

26

Oct

2022

Digitalization is a double-edged sword for banks, especially when it comes to security. A massive shift to cloud and API-based ways of working has made the sector become more agile and innovative, but it has also opened the floodgates for identity theft. As interactions and transactions become more interconnected, even the simplest processes like opening […]

Category Privacy protection Security Written by Cio 0 Comments

EU Lawmakers Push for Anonymity Assurances in Digital ID

11

Oct

2022

European lawmakers are pushing to include guarantees of online anonymity in legislation creating a continentwide framework for digital identity. The European Commission first proposed in 2021 a framework for a digital wallet housing a national digital identity accepted in all EU member states, to be used for any service requiring governmental ID. Commission President Ursula […]

Category Privacy protection Security Written by Databreachtoday 0 Comments

President Biden to Sign Order for Trans-Atlantic Data Flows

07

Oct

2022

Whether commercial data can legally cross the Atlantic into the United States now hinges on the European Commission’s reaction to an executive order President Joe Biden will sign Friday. The executive order will create a tribunal within the Department of Justice staffed by judges from outside the government who will review European claims that personal […]

Category Privacy protection Security Written by Databreachtoday 0 Comments

The Latest in IT Security

Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

EU Lawmakers Push for Anonymity Assurances in Digital ID

President Biden to Sign Order for Trans-Atlantic Data Flows

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