{"id":555,"date":"2023-06-01T12:23:48","date_gmt":"2023-06-01T17:23:48","guid":{"rendered":"https:\/\/cmitsolutions.com\/bothell-wa-1091\/?p=555"},"modified":"2025-02-17T15:53:14","modified_gmt":"2025-02-17T21:53:14","slug":"8-cybersecurity-regulations-financial-services-firms-need-to-be-aware-of","status":"publish","type":"post","link":"https:\/\/cmitsolutions.com\/bothell-wa-1091\/blog\/8-cybersecurity-regulations-financial-services-firms-need-to-be-aware-of\/","title":{"rendered":"8 Cybersecurity Regulations Financial Services Firms Need To Be Aware Of"},"content":{"rendered":"

If you work at a financial services firm, you\u2019re well aware of the amount of personal data that you handle each and every day, and you know protecting that data is a top priority. Luckily, specific regulations and guidelines mandatory by law exist to help financial services firms strengthen their security and keep their clients\u2019 data safe.<\/span><\/p>\n

In this blog, we\u2019ll go over the top eight cybersecurity regulations for financial firms and what those regulations entail.\u00a0<\/span><\/p>\n

[Related: <\/b>How Accounting Firms Can Protect Their Client Data<\/b><\/a>]<\/b><\/p>\n

Key Laws and Cybersecurity Regulations<\/span><\/h2>\n

Staying up to date on the most recent regulations and guidelines can be overwhelming. Fortunately, with companies like <\/span>CMIT Solutions of Bothell<\/span><\/a>, you can trust that your financial firm remains compliant.\u00a0<\/span><\/p>\n

Legislators designed the following financial regulatory guidelines to facilitate data security and breach resilience.<\/span><\/p>\n

1. The European Union General Data Protection Regulation (EU-GDPR)<\/span><\/h3>\n

The EU-GDPR<\/span><\/a> is a security act that secures the personal data of EU citizens. All businesses processing information from EU citizens must comply with the GDPR, regardless of where they\u2019re located.\u00a0<\/span><\/p>\n

This type of information collection can include the following:<\/span><\/p>\n