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EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance 

PYMNTS

Supervisory authorities will continue exercising their mandate to monitor the application of the GDPR and enforce it,” the EDPB said in its recommendations. While mapping all transfers of personal information to third countries can be a challenging exercise, the board recommends that exporters know their transfers as a first step.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While fraud detection software and robust security measures are essential, educating clients on fraud prevention is equally important.

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SEC Fines Altaba $35M For Yahoo Data Breach

PYMNTS

The Securities and Exchange Commission (SEC) announced news on Tuesday (April 24) that Altaba , the entity formerly known as Yahoo, has agreed to pay a $35 million penalty to settle charges related to the massive data breach at Yahoo that exposed the personal data of hundreds of millions of users.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. Every bank should train and conduct tabletops exercises on crisis management down to customer outreach.

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Deep Dive: Why Smart Cities Should Get Smart About Digital ID

PYMNTS

For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential. Many consumers already use connected devices that track exercise activity, sleeping habits or blood pressure, indicating that they are already collecting health data without much additional effort.

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Are You Ready For A Cyberattack?

PYMNTS

The International Telecommunications Union (ITU) gave these three African countries the highest marks in the region in its Global Cybersecurity Index based on their legislative frameworks, technical capacity to respond to incidents and cooperation with other countries. Homeland Security. Ready: U.S.

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Efficiency now: 8 smart strategy tips

Independent Banker

During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. Assessing the value of bank branches is an exercise that began long before the pandemic, but vaccine and mask mandates added new considerations to the debate.

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