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Security & compliance Security is a top priority, especially when dealing with sensitive customer data. When selecting an ISV partner, businesses should verify: Dataencryption standards to prevent breaches. Compliance with industry regulations , such as GDPR for data protection or PCI DSS for payment security.
. “The Eurosystem would use state-of-the-art measures, including pseudonymisation, hashing and dataencryption, to ensure it would not be able to directly link digital euro transactions to specific users.” NFC provides a highly convenient end-user experience which consumers in the euro area are already familiar with.
In recent months, the ECB has agreed on the technical features required to guarantee that online digital euro transactions will provide an even higher privacy standards than current digital payment solutions, while still ensuring robust end-user protection against fraud.
Facilitate data-sharing with stakeholders using APIs, ETL connectors, and built-in integrations. 8) Security Top-tier security and compliance measures, including BYOK, role-based access control, user management, SSO support, and dataencryption at rest.
Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), dataencryption, and segregation of duties. But getting everyone, from technical staff to endusers, to understand their part in SWIFT CSP compliance can be a daunting task, especially in large organizations.
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