Financial Services Regulatory Insights
Regulators are increasing their scrutiny and enforcement of issues involving data privacy and security and the applications of new technologies. They are actively seeking information to understand and set parameters around the expanding number of ways that financial institutions are able to collect and use consumer financial data as well as to ensure controls to protect data privacy and security. Increasingly, regulators are considering rules that give consumers more control over their own financial data while also calling out and taking action where lax security protocols, such as those around access channels or records retention, put customer data at risk of misuse, including fraud, theft, or abuse.
For more information, download the full reports below.
- Regulatory Scrutiny of Technology and Data (PDF/0.9MB)