Did you know last year, there were about 4,100+ data breaches, accounting for 22 billion publicly exposed records? Another research predicts that by the end of 2023, the global cost of cybersecurity would reach $10.5 trillion! It is evident that cybersecurity and privacy trends go hand in hand with technological innovations. At the dawn of… Continue reading Keep Up with 2024’s Top Data Privacy Trends with OpenPages Data Privacy Management
People expect that their personal data and financial information will remain protected at all times, especially when it comes to the data they provide to credit unions, banks, and other financial institutions. It’s easy to see why this is the case. A single data breach can send massive volumes of extremely sensitive personal and financial… Continue reading The Future of Data Privacy in Credit Unions: Trends and Predictions
Data often represents a credit union’s lifeblood — its most valuable asset, so to speak. A financial institution’s data may be directly linked to mission-critical operations, ROI, and overall profitability. Credit unions collect a diverse variety of data points, including personal data and financial data. These data types can be quite valuable and members of… Continue reading How to Evaluate and Choose a Data Privacy Management Solution for Your Credit Union
As technological proliferation expands, so too does the amount of data that is generated. Contact forms. eNewsletter subscriptions. This has led to an increasing awareness in the realm of data privacy — a point that has led to the formation of countless laws, rules, and regulations that impact companies across all industries. Today’s business… Continue reading Addressing Privacy and Data Challenges with Regulatory Compliance Services
Many fail to realize it, but for a vast majority, a company’s most valuable asset is their data. That’s right. Data. Information. At its very core, binary code. Data is at the core of virtually every operation. Customer data. Sales and financial data. Machinery and equipment data output. Inventory. Records and documents. Data makes the… Continue reading Avoiding Poor Data Governance With Data Risk Management Services
Digital transformation is probably among the most-heard terms in today’s technology lexicon and for good reason. We are in an age of fast-evolving and rapidly-advancing technology that holds the potential to profoundly transform an organization’s operations. But what constitutes digital transformation? And how does it affect data compliance? These are important questions because data compliance… Continue reading Digital Transformation and How it Affects Data Compliance
Risk management is a critical component of any good business strategy, especially in today’s technology-centric society, where many risks surround digital assets such as a company’s data. In fact, data represents a major source of risk for most businesses. Fortunately, though, risk management services can help promote more effective data governance practices. Risk management… Continue reading How Risk Management Services Can Help You With Data Governance
Today’s compliance managers need powerful and effective Regulatory Compliance management software. In a business environment defined by sustained market volatility and ever-increasing regulations. Companies need the ability to integrate enterprise-wide risk management processes and multiple regulations. Firms are witnessing a dramatic increase in active first-line users. Sometimes tens of thousands—scattered across the organization while using… Continue reading What is Regulatory Compliance Management Software?
Before we learn about data privacy management software we have to understand what Data Privacy is. Data Privacy or Information privacy is a part of the data protection area that deals with the proper handling of data focusing on compliance with data protection regulations. Data Privacy revolves around how data should be collected, stored, managed, and shared… Continue reading What is Data Privacy Management Software?