POPIA and the data lifecycle

Are you ready to manage your own data breach?

“breach” An act of breaking or failing to observe a law, agreement, or code of conduct. A break in relations. A gap in a wall, barrier, or defence, especially one made by an attacking army\ Oxford English Dictionary Last week’s revelation that the personal information of over 30 million South African has been compromised. The¬†exposure…

GDPR

What is GDPR and why should we care?

Until a couple of weeks ago, I had never even heard of GDPR – the new General Data Protection Regulation set by the European Union (EU). And yet, for companies offering or wanting to offer services to clients located in Europe, the implication of infraction are clear: very high fines. This new European legislation, which…

BCBS239 – will banks be ready

Domestic systemically important banks have less than a year to comply with the principles of Regulation 39 of the Regulations relating to Banks. (BCBS 239) The Principles aim to strengthen bank’s risk management practices by improving their risk data aggregation and reporting. At the time of writing, global systemically important banks should have already complied.…

mobile payments

How does data help the shift to mobile banking?

Our experience helping banks in central and East Africa resolve their customer data management challenges has given me some exposure to the dynamics of delivering mobile banking services to a largely poor and, frequently, unbanked population. I wrote about this earlier in the post¬†Will quality data differentiate banks from mobile operators? In this post I…