Date: Wednesday, October 23, 2019 Time: 11:30-12:30
Location: Salon B & C
Customer Data – How high is the Risk?
Data Protection is and will always be a question of risk management. However, due to increasing fines by applying the General Data Protection Regulation (GDPR), the necessity to manage the companies’ risks adequately reached a new level. In this context, possible fines of 20 Mio. Euro or four percent of the companies’ total worldwide income are mentioned frequently. The risk additionally increases in the context of (sensitive) customer data.
In reality, the risk of processing...
Panel: The Next GDPR? The Global Impact of PSD2
Europe is tackling the biggest issues of the modern age and the rest of the world watches and follows. Case in point, the EU GDPR set a global standard for data privacy and the revised EU Payment Services Directive (PSD2) aims at doing the same for e-commerce. With PSD2, companies providing payment services in Europe, not just those headquartered there, must comply with the directive's requirements for strong customer authentication (SCA) or risk losing their payment provider license....