Ray Estevez Advisory LLC’s Post

🌍 The EU’s Digital Market is evolving fast. EU is leading the way in creating a safer and fairer digital space, with several key regulations designed to ensure privacy, security, competition, and innovation. Let’s explore the key regulations shaping the digital landscape in the EU. Digital Operational Resilience Act (DORA) is set to shake up the financial world starting January 17, 2025. Its impact will stretch beyond the EU. 🇪🇺 DORA aims to boost the cybersecurity and operational resilience of financial entities, from banks to insurance companies to payment services. But that's not all. The EU's Digital Markets Act (DMA) is also making waves, challenging Big Tech’s dominance and creating new opportunities for direct, personalized marketing. 📢 Are you ready for these changes? Want to learn more about preparing for the latest EU regulations? Visit our blog https://lnkd.in/e5RYijAc to dive deeper! What's your take on these shifts in the tech and financial landscape? Let’s discuss! #DORA #DMA #Regulation #Compliance #Cybersecurity #Dataprivacy

𝗛𝗲𝗿𝗲'𝘀 𝗪𝗵𝗮𝘁 𝗪𝗲'𝗿𝗲 𝗙𝗼𝗰𝘂𝘀𝗶𝗻𝗴 𝗢𝗻 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸: 💻 𝗧𝗼𝗱𝗮𝘆: The French Bill Securing and Regulating the Digital Space takes effect, aligning national laws with the European Digital Service Act and Digital Markets Act. (https://bit.ly/46mz2JJ) 🤖 𝗧𝗵𝘂𝗿𝘀𝗱𝗮𝘆: The European Commission closes its consultation on applying the NIS 2 Directive, which outlines technical and methodological requirements for cybersecurity risk management. (https://bit.ly/3zTeInd) 🪙 𝗙𝗿𝗶𝗱𝗮𝘆: The Securities and Exchange Commission, Thailand ends the public consultation on proposed amendments to the Exchange Rules, aiming to clarify criteria for selecting and delisting digital assets, trading conditions, and payment and delivery procedures. (https://bit.ly/3LyyBCx) For more digital policy insights and analysis, visit 👉 https://lnkd.in/dGzrg3uN #DigitalPolicy #AI #CyberSecurity #TechRegulation

*#Cybersecurity #regulations in 2025: Key #insights from top industry experts* In Europe, CISOs will also be focused on the Digital Operational Resilience Act (DORA), which banks, credit institutions, investment firms, and other financial entities must comply with, beginning Jan. 17, 2025, as well as the broader Network and Information Security Directive (NIS-2), which impacts a wide range of EU businesses. https://lnkd.in/dCPMZ98z

The blog for Week 28 offers a comprehensive overview of the latest #regulatoryupdates affecting financial and digital markets globally. Key highlights include finalized reporting requirements for #digitalasset transactions, new #cybersecurity guidelines for financial technology innovators, and significant updates to insurance and financial instrument regulations. These updates reflect the dynamic nature of the global regulatory environment, providing essential insights for organizations to stay compliant and adapt to evolving standards effectively. Read the complete blog here: https://lnkd.in/ec9pEMMf #finrege #horizonscanning #regulatorychanges #GenAI #RIG

RegTech Analyst news you can't afford to miss from yesterday 👉 Babel Street, IMTF - Excellence in RegTech Solutions unite to set new standards in international compliance technologies 👉 Harnessing the power of machine learning in banking fraud detection 👉 KPMG invests $100m to expand Google Cloud partnership for cybersecurity solutions 👉 ACI Worldwide forecasts large $7.6bn rise in APP scam losses by 2028 👉 Data security leader Cyera secures $300m Series D, hitting $3bn valuation Yotam Segev Maud Vonlanthen Dr. Sebastian Hetzler AiPrise Orewa (Jenny) Olusanya

With data privacy and security regulations a growing concern for insurers in today’s data-driven world, our platform helps keep your global risk data secure and compliant with global data residency regulations. Learn more about Risk Solved: https://ow.ly/6cZa50S1BnN #riskengineering #insurtech

🎯The European Union has been at the forefront of digital regulation, introducing a comprehensive set of rules designed to govern the digital economy, protect consumers, and ensure data privacy. Key regulations such as the General Data Protection Regulation (GDPR) have set global standards for data protection, emphasizing transparency, consent, and the rights of individuals over their personal data. The EU has also introduced the Digital Services Act (DSA) and the Digital Markets Act (DMA), which aim to regulate online platforms, ensuring that they operate fairly and responsibly. The DSA focuses on increasing accountability for tech companies by enforcing stricter content moderation, while the DMA targets anti-competitive practices by large online platforms, promoting a level playing field. Additionally, the EU is moving forward with the Digital Operational Resilience Act (DORA), which seeks to enhance the resilience of the financial sector against digital disruptions. These regulations reflect the EU’s commitment to creating a safer, more secure, and competitive digital environment while balancing innovation with consumer protection. By setting high standards for data governance, cybersecurity, and market competition, EU digital regulations are shaping the future of the digital landscape both within Europe and globally. Stay Connected to Sidharth Sharma, CPA, CISA, CISM, CFE, CDPSE for content related to Cyber Security. #CyberSecurity #JPMC #Technology #InfoSec #DataProtection #DataPrivacy #ThreatIntelligence #CyberThreats #NetworkSecurity #CyberDefense #SecurityAwareness #ITSecurity #SecuritySolutions #CyberResilience #DigitalSecurity #SecurityBestPractices #CyberRisk #SecurityOperations 

Alright, buckle up folks! Data breaches and cyber attacks are like the surprise party no one wants. But before we dive in, let’s review the Cyber Security Laws of the Universe: Law 1: If there’s a hole, someone’s gonna find a way in. Law 2: Everything’s got a weak spot somewhere, even your fortress of passwords. Law 3: People trust weird things sometimes, like sketchy emails from a long-lost prince. Law 4: Whenever something cool is invented, someone else figures out how to mess with it. Law 5: When in doubt, refer back to Law 1 because, well, loopholes. Now that we’ve got our cyber rulebook sorted, let’s peek at the aftermath of these digital hiccups: Notification Necessities: If your data gets jacked, you might have to shout it from the digital rooftops. Different places have different rules, but the idea is to tell folks what’s up and what to do next. Damage Dilemmas: Think of data breaches like leaving your wallet in a shark tank, financial losses and identity mix-ups galore. Companies could end up in the hot seat for not locking up your info tight enough. Regulatory Ruckus: Big bosses in suits (the non-Mafia kind) might come knocking to check if you’ve been playing by the data rules. Ignore those rules, and it’s fine city, population: hefty fines. Contractual Catastrophes: Your data protection promises aren’t just digital handshakes; they’re legally binding. Break those promises, and you might find yourself lawyered up and wallet-weary. In summary, play nice with data laws, be quick on the breach alerts, and handle things like a cyber-savvy ninja to dodge the legal bullet. Remember, in the cyber jungle, it’s all about keeping your digital fortress dragon-proof! 🐉🔒 Drop me a line at kabo@tellurium.co.za, and let’s chat! Whether it’s shielding your digital fortress or saving you from cyber-drama, we’ve got your back. Let’s make sure those online gremlins behave themselves! #TelluriumTechnologies

🔒 When it comes to data privacy, are all solutions created equal? Think again. Enter: Protecto. 🚀 They're reinventing data privacy in financial services. Your sensitive PCI and PII data? It's not just secured. It's meticulously identified, masked, and locked away. But here's the kicker. 🧩 Despite being under such heavy guard, your data never loses its usability within your workflows. Protecto is not just a solution. It's a revolution in data privacy. What's your take on this next level data protection? 🤔 Share your thoughts. Remember, in the world of data, privacy is not a privilege. It's a right. 🛡️ Learn more about #DataPrivacy for #Fintechs (Link in comments)

The deadline for Digital Operational Resilience Act is 106 days away and most firms will be in scope: You're either in scope, or service those that are. Every organisation around the world providing services into Europe is in scope of DORA DORA is much more than cyber, it is a about all operational resilience issues Like GDPR, we are all compliant. Want to play the game, these are the rules. Does DORA cover AI? Yes, if it's a critical dependency Common pitfall: It's a team sport. Organisation wide. Prioritize looking at your business model, end to end. Upside: Digital transformation of business processes, perfect marriage of control functions and technology, digital audit and TLPT opportunities, another driver to step away from on-prem infrastructure, iterative change ('as is' and 'to be' models), there will be a DORA 2.0 (and 3.0 etc.) - DORA keynote at RegTech Summit London #RTSLDN #regtech #DORA #operationalresilience #digitaloperations Brown Brothers Harriman Adrian Whelan (He/Him)