Banks Data Privacy
How Banks Improve Efficiency with Redaction Software
According to the Information Commissioner’s Office, businesses including banks have a responsibility to comply with the law, including the use of redaction techniques to protect third-party privacy and facilitate the fulfillment of legitimate SARs and FOIA requests.
Financial Institutions and the Impact of New Privacy Regulations
Sometimes it is not as clear to the consumer or even the business owner the difference between confidentiality and privacy. This is why it is good to have a privacy professional help walk you through your audit and help with an understanding of the type of data you have and how it is being used.