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Category: Third Party Risk

New York updates third-party risk guidance, adds AI provisions

The New York Department of Financial Services published updates this week to longstanding industry guidance that urges financial services companies to closely watch their third-party providers. While the guidance’s updates are numerous, they are, according to the state, mostly intended to provide clarity as the technology landscape shifts. A department press release notes that the…

Now is the Time for Organizations to Adopt the Future-Dated Requirements of PCI DSS v4.x

Merchants around the world use the Payment Card Industry Data Security Standard (PCI DSS) to safeguard payment card data before, during, and after a purchase is made. The standard is intended for all entities involved in payment card processing, including merchants, processors, acquirers, issuers, and service providers. As of 31 March 2024, the PCI Security…

Now is the Time for Organizations to Adopt the Future-Dated Requirements of PCI DSS v4.x

Merchants around the world use the Payment Card Industry Data Security Standard (PCI DSS) to safeguard payment card data before, during, and after a purchase is made. The standard is intended for all entities involved in payment card processing, including merchants, processors, acquirers, issuers, and service providers. As of 31 March 2024, the PCI Security…

Now is the Time for Organizations to Adopt the Future-Dated Requirements of PCI DSS v4.x

Merchants around the world use the Payment Card Industry Data Security Standard (PCI DSS) to safeguard payment card data before, during, and after a purchase is made. The standard is intended for all entities involved in payment card processing, including merchants, processors, acquirers, issuers, and service providers. As of 31 March 2024, the PCI Security…