Here is the February issue of our “Secure Company” alert. In it you will find information on regulations on counteracting money laundering and terrorist financing (AML), as well as interesting GDPR and cyber security related news.
We would like to draw your attention to the new Financial Information System Act, which is to allow government organs to gain quick access to information about any bank accounts, both active and those that have already been closed.
Also noteworthy are the decisions issued by the President of the Office for the Protection of Personal Data (UODO) on broadly defined liability for breaching GDPR. This time the decision relates to liability when a breach occurred as a result of a controller not having updated software. The decision is important because many companies do not pay much attention to updating their software to newer versions.
As it turns out, using software that is no longer supported and updated by the manufacturer could be quite expensive.
You should also take note of the information on changes in the approach to the structuring of passwords in a way that will improve information security.
We wish you a pleasant read, and should you require more or more detailed information, please don’t hesitate to contact our company and experts.
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