What are the key data privacy concerns in financial technology?
An example of an AI chatbot conversation about data privacy in financial technology.
What are the key data privacy concerns in financial technology?
Key concerns include data breaches, unauthorized access, and compliance with regulations like GDPR.
How do companies ensure data privacy in their financial services?
Companies implement encryption, access controls, and regular audits to protect user data.
What regulations should financial tech companies be aware of?
They should be aware of GDPR, CCPA, and PCI DSS, which govern data protection and privacy.
Can you give examples of data breaches in financial tech?
Notable examples include the Capital One breach in 2019 and the Equifax breach in 2017.
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