IT Compliance
6 Services That Help Financial Institutions Meet Compliance Demands — BizTech
Reported by biztechmagazine.com
Regulatory compliance is a major consideration in any bank or credit union’s cybersecurity strategy.
Not only will financial institutions lose the trust of their customers in the event of a data breach , but they also operate within a framework of stringent regulations that govern how they must manage data. Some of the most significant include the Gramm-Leach-Bliley Act, Dodd-Frank Act, USA PATRIOT Act and Payment Card Industry Data Security Standard.