At ZK Law, we are committed to navigating the complex landscape of regulatory compliance in the tech industry. One of our experts, Penny Kontogeorgou, delves into critical aspects of Identity and Access Management (IAM) in her latest article.
🌐 GDPR Implementation: The General Data Protection Regulation (GDPR) emphasizes stringent data protection requirements, ensuring that only necessary personal data is processed and stored. Companies must adopt robust technical measures to secure data, aligning with Article 25’s principles of privacy by design and by default.
🔒 NIS2 Directive: The Network and Information Systems Directive (NIS2) is pivotal for enhancing cybersecurity across the EU. It mandates swift reporting of cyber incidents and fortifying the security of critical infrastructure, including telecommunications and cloud services.
💳 PSD2 and Open Banking: The Payment Services Directive 2 (PSD2) revolutionizes the financial sector by promoting open banking. It requires strong customer authentication (SCA) to protect consumers, ensuring secure access and data protection in financial transactions.
These regulatory frameworks collectively shape a more secure and transparent digital environment. At ZK Law, we stay at the forefront of these developments to provide our clients with expert guidance and innovative solutions.
For a deeper dive into these topics, read the full article in the February 2023 “Netweek” magazine Special Report, page 28. Access it here: Netweek Magazine February 2023.
Let’s navigate the future of technology and law together! 🚀
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