Why should the financial services sector adopt a data classification strategy? Because more than nine out of ten (95%) of data breaches are financially motivated, according to this year’s Verizon Data Breach Investigations Report . Within the finance and insurance sector specifically, the rates were as high as 97% — no surprise there. However, what may be surprising is that most of these attacks...

When it comes to data privacy , financial services is one of the most highly regulated industries, and as a result, finance organizations face immense pressure to protect the data they are creating, collecting, and storing. Let’s take a deeper dive into what pressures are put on financial organizations to protect their data, and what they can do to ensure their sensitive data stays secure and...

The GDPR in Europe was one of the first major data privacy regulations to be implemented in recent times, followed closely by the CCPA in the United States. And since its enforcement, GDPR has been seen as the “gold standard” when it comes to data protection regulations. However, it is important to remember that each data privacy regulation has differences in areas such as what and who is...