What is GDPR?
The European Commission summarises GDPR as: Privacy by design and privacy by default. This means that any action that involves processing personal data must be done with data protection and privacy built into every step. Once a product or service has been released, the strictest privacy settings must apply by default.
As a start up or an established financial services firm, what do you need to do to ensure you are complying with GDPR?
Are you complying with the General Data Protection Regulations?
Financial services firms process vast amounts of personal data on behalf of their customers, payment beneficiaries and employees. With recurring news stories of data breaches of customer data, and the consequent damage to the reputation and trust, more emphasis is being placed on data security and GDPR compliance. We can help your firm with its GDPR compliance in the following ways.
Helping you implement the regulations in a practical way that works for your business
As cyber security experts, we have extensive experience in initiating the gap analysis, carrying out annual audits, developing policies and procedures as well as a full GDPR review and remediation strategy along with training for our clients.
If you are looking for assistance in an ad hoc compliance project in setting up, reviewing or improving your GDPR compliance, then let’s start a conversation today.
Contact us for a free consultation
Read our most recent articles, where we aim to add value by providing our expert insights on the latest regulations.View More
For most financial services firms it is probably fair to say that...
In this blog, Simon Whittaker and Greg James discusses the recent outages...