The Gramm-Leach-Bliley Act (GLBA) applies to many types of financial institutions, like banks, savings and loans, credit unions, insurance companies and securities firms. It requires those organizations to explain their information-sharing practices to their customers and to protect sensitive data. On November 15, 2022, The FTC announced a six-month extension for companies to comply with data security provisions in the GLBA. The new deadline is June 9, 2023.

The California Consumer Privacy Act (CCPA) is a law that allows California consumers to ask companies to provide them with all the information they have stored about them as well as a full list of any third parties that the company has shared that data with. In addition, the California law gives consumers the right to sue companies if the privacy guidelines are violated, even if there have been no actual breaches of privacy.

India’s ever-expanding digital infrastructure in the wake of the pandemic has escalated the demand for new, updated, and improved regulatory mandates for strengthening cybersecurity. Rampant cybersecurity incidents have been occurring weekly, alarming businesses, organizations, and individuals across India.

The increasing use of cell phones has automatically led to unimaginable height of sharing of personal information online. Most routine actions, from providing information over the phone to opening a bank account to placing food orders, may now be accomplished from the convenience of your own home. While the telecom sector has enabled remote procedures, it has also hastened the spread of identity fraud and financial schemes.

In this post, we’ll quickly cover the highlights of what you need to know about California’s Data Breach Notification Statute.

Scenario-Based Security Awareness Training Teaches Users to Make Better Decisions – Proofpoint Essentials Security Awareness Training. What is GDPR Awareness Training? Since 2018, companies and organisations have had to comply with The General Data Protection Regulation (GDPR), a European data privacy regulation and EU law that was made to give individuals more control over how their data is collected, used, and safeguarded online. Failure to comply with this EU law can result in hefty fines.

U.S. Sen. Mark Warner (D-Va.) issued the 35-page report Cybersecurity on Patient Safety on November 3, which called the ongoing transition to better cybersecurity for the healthcare sector as being painfully slow and inadequate. This is despite the fact the healthcare sector is uniquely vulnerable to cyberattacks.

The third quarter saw some major developments across the privacy space. In the U.S., we saw a federal bill for comprehensive privacy achieve more than ever before, children’s privacy proved to remain a top concern, and the Federal Trade Commission formally began its heavily criticized “Magnuson-Moss rulemaking” process.

Security has been a top concern for years, and the reasons for this focus are increasingly clear. Government agencies are being asked by the President and governing agencies to make changes that will protect the integrity of their network and the safety of the nation.

Get a handle on essential software development best practices to achieve compliance and risk reduction before directives take effect.