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Time to Update Your Data Security & Customer Notice Processes

Question: 
What standards does my bank need to follow to safeguard customer information?
Answer: 

It depends!

Depending on the state your bank operates in, you may have stricter laws to follow than those that are required under federal law. Pursuant to Congress's 2005 Act, you must establish a security breach response program and notify affected customers if their personal data is compromised.

But, states have passed increasingly strict laws related to data protection and privacy. And, more legislation is expected in 2020! Prudent banks are taking action now to ensure they comply with stringent standards, such as those required by the General Data Protection Regulation (GDPR).

Attend this webinar and learn how to better prepare your bank to comply with the strictest law your state legislature may pass.
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Learn more about Carly Souther and Elba Manzanilla webinar Data Protection and Privacy for Community Bankers

First published on 01/26/2020

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