The emerging risks in the financial services market and the inception of the Regulation of Payment Services and Payment Initiation Law prompted the Capital Market, Insurance and Savings Authority (CMISA) to amend a series of...more
8/14/2024
/ Banking Sector ,
Capital Markets ,
Compliance ,
Corporate Governance ,
Cybersecurity ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Guidance Update ,
Insurance Industry ,
Israel ,
New Guidance ,
p2p ,
Payment Systems ,
Related Parties ,
Risk Management
Israel’s Capital Market, Insurance and Savings Authority (CMISA) recently published two new risk management circulars for financial service providers. The first circular pertains to risk management in its broadest sense,...more
The Black Shadow hacking group’s attack on Cyberserve, reported a few days ago, has resulted (at this point in time) in the leaking of a database with more than 800,000 records pertaining to various individuals and the...more
11/3/2021
/ Cloud Computing ,
Cyber Attacks ,
Cybersecurity ,
Data Processors ,
Data Security ,
Databases ,
General Data Protection Regulation (GDPR) ,
Hackers ,
Outsourcing ,
Parent Corporation ,
Personal Data ,
Subsidiaries ,
Third-Party Risk ,
Third-Party Service Provider
In light of the coronavirus pandemic and the constantly developing guidelines from the Ministry of Health, many companies are moving to telecommuting and working from home. This is a solution that supports business continuity...more
We are living in the age of data and big data, where everyone wants to collect as much information as possible. The ability to analyze and monetize such information is a key strategy and selling point for many...more
3/11/2020
/ Big Data ,
Cloud Service Providers (CSPs) ,
Consumer Privacy Rights ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Privacy ,
Data Protection ,
Data Security ,
Data Subjects Rights ,
Data-Sharing ,
International Data Transfers ,
Israel ,
Privacy Laws ,
Risk Management ,
Security and Privacy Controls ,
Security Risk Assessments
The Governmental Cyber Security Unit has published a new directive according to which material service providers to government, infrastructure, and finance bodies will be required to adopt a common and unified standard for...more
1/2/2020
/ Banking Sector ,
Critical Infrastructure Sectors ,
Cybersecurity ,
Federal Contractors ,
Financial Services Industry ,
Government Entities ,
Information Security ,
Infrastructure ,
Israel ,
Popular ,
State Contractors ,
Third-Party Service Provider