Tag: Regulatory Compliance
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ACH vs. Nacha: What You Need to Know
If you work in a financial organization that operates in the US, you’ll have heard the phrases Nacha and ACH. Together, these entities affect many of the transactions you’re responsible for — and dictate how, why, and when your business accesses sensitive data. But, what exactly are they? And, what’s the difference between the two?…
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PRIVACY REGULATIONS ARE EVOLVING, AND BUSINESSES MUST RESPOND
We’re venturing into new territory on the data-regulation front. Not only are more countries and U.S. states enacting regulations, the scope of protection is growing. By 2023, Gartner predicts that 65 percent of the world’s population will have its personal data covered under modern privacy regulations, up 10 percent from 2020. All of this is…
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SEVEN CRITICAL TOOLS FOR BOOSTING DATA PROTECTION AND INNOVATION
The winds of change are gusting through the business world. More than a dozen state governments are crafting data compliance legislation, while Virginia recently passed a data privacy law mostly similar to California’s Consumer Privacy Act. This legislative flurry adds to a long list of established regulations such as GDPR, HIPAA, PCI DSS, and Sarbanes-Oxley.…
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IT’S SCAMMER TIME! SIX TIPS TO KEEP YOUR DATA SAFE DURING TAX SEASON
What do financial scammers have in common with florists? Turns out, they both have busy seasons. For florists, it’s February 14th. For scammers, it’s April 15th (and, this year, May 15). Scammers exploit tax season because of its heightened urgency over financial compliance, which primes people to fall for hoaxes and phishing attacks and surrender…
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TWO ROCK-SOLID PREDICTIONS FOR 2021: PROTECT KUBERNETES AND DATA
Seemingly everyone has predictions to offer as a new year rolls in. More often than not, they miss the mark, sometimes by miles. Who can forget prognostications that guaranteed the Titanic wouldn’t sink, smartphones would flop, and The Beatles were a flash in the pan? Usually, expectation and reality meet halfway in the middle, even…