How does GDPR affect Financial Services?

Not long ago, before smartphones, bank transactions were made face to face. People did not have to think too much about passwords, data theft, hackers and cyber criminals were not in the category of risk that people should consider. With the technology advancements this risk for data theft has significantly increased, so did the need […]

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What is Schrems II and how does it affect your international data transfer

On July 16, 2020 the Court of Justice of the European Union [CJEU] issued its judgement in the Data Protection Commissioner vs. Facebook Ireland Limited, Maximilian Schrems (C-311.18) – the Schrems II case. In this landmark decision, the CJEU declared the European Commission’s Privacy Shield – one of the most widely used primary data transfer […]

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