Tag Archives: compliance

Clock Ticking, European Commission Launches GDPR Implementation Guidance Website

With only four months remaining until the EU General Data Protection Regulation takes effect on May 25, 2018, the European Commission has launched a new website offering guidance on requirements and implementation targeted at an array of stakeholders including Member State governments, businesses, data subjects, and other entities whose operations or data processing activities will … Continue Reading

Proposed FFIEC Guidance on Financial Institution Social Media Use

The Federal Financial Institutions Examination Council (FFIEC) released for comment on January 17 its proposed Social Media: Consumer Compliance Risk Management Guidance.  There is a 60-day comment period.  The purpose of the guidance is to help banks, savings associations, credit unions, and non-bank entities supervised by the Consumer Financial Protection Bureau (CFPB) understand and address … Continue Reading

PCI DSS Compliance–“A Necessary and Worthwhile Investment”

Cisco released a white paper on January 12, 2011, which reported that results from its survey of 500 IT decision makers show that PCI DSS compliance is no longer viewed as overly expensive and burdensome.  Instead, the survey revealed “one overwhelming message: Organizations of all types view PCI compliance as a necessary and worthwhile investment.”  … Continue Reading
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