Most of us lock our doors and close our curtains at night. We are aware of the physical threats to our privacy and security, and take great measures to protect them. If we think of our digital privacy as a house however, we are far less diligent. In many ways, we’ve left the doors unlocked and curtains open.
In the past couple of decades, due diligence has evolved and improved, thanks in large part to the advance of technology and digitisation. Where before the process was frustrated by physical data rooms and huge volumes of paper documents
2018 was quite the year for mergers and acquisitions (M&A). At a near daily pace, global M&A activity hit an all-time high of $2.51 trillion during the first half of 2018, according to data from Thomson Reuters.
Security of customer data isn’t just a legal imperative for banks, it’s a competitive differentiator. In the age of connected devices, Open Banking and GDPR, the role security plays in driving business objectives cannot be underestimated.
The old, loose system of data protection, which allowed European Union (EU) members to set their own rules regarding data privacy and security, has become obsolete. Today the rules of the General Data Protection Regulation (GDPR)