2017 predictions on data security: Insights on important trends in security for the banking industry

2016 was a wild ride, with cybersecurity and warfare dominating the headlines. The new EU General Data Protection Act (GDPR) impacts many financial services organizations globally and may be an indication of what’s ahead for North America.
On top of that, we have the growing use of innovative, and often unsanctioned, collaboration technologies such as Enterprise File Sharing Services, further accelerating the flow of information outside of the organization’s perimeter.
It is safe to say that ensuring the security of information is an even higher concern than ever before and that the current Information Security infrastructure isn’t making the grade.
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