On March 31, 2022, the Security Legislation Amendment Critical Infrastructure Protection Act 2022, also known as SLACIP, was passed by the Australian Parliament. The SLACIP Act aims to build upon the SOCI Act framework to improve the security of Australia’s critical infrastructures. To learn how the SOCI Act reforms will affect you and for guidance on how to comply with its new risk management requirements, read on.
To say that data governance and data compliance are rapidly becoming areas of immense strategic importance for businesses would be an understatement. Governments worldwide already have data protection laws in place or are busy drafting these laws. Moreover, users have become increasingly aware and educated about their rights online, especially regarding what data businesses can collect about them.
From the first online transaction in 1994, we have seen online transactions evolve faster than anticipated. With this also came an evolution of rules and regulations to avoid the abuse of personal data. The GDPR is one such regulation that has an important role in regulating the whole structure of online transactions. It has also led to the development of specialized fintech cybersecurity. But what exactly is the impact of the GDPR, and how is it helping?
The era we live in requires the digitalization of all subjects interacting with people, from giant companies to small-scale organizations. It is unquestionable that this trend has made significant contributions to the data collection process. But the larger the volume of data collected, the greater the risk of a security breach. For this reason, it is essential to control the security and transparency of personal data.
On March 9, 2022, the Securities and Exchange Commission (SEC) announced proposed rules and amendments to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance, and incident reporting. These proposed amendments impact all public companies subject to the reporting requirements of the Security Exchange Act of 1934. To summarize this proposal and learn how to successfully prepare for them, read on.
California Consumer Privacy Act is a data privacy regulation established in the US. Achieving and maintaining compliance with the regulation can be overwhelming for organizations. But with the right understanding of the CCPA Compliance regulation and adhering to the compliance requirements, achieving compliance can be easy. So, explaining the regulation in detail we have shared an informative checklist that organizations can refer to as steps to achieve CCPA compliance.
