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FUTURE PROOFING PRIVACY - oliverwyman.com

POINT OF VIEW FUTURE PROOFING PRIVACY . GDPR COMPLIANCE IN A NETWORKED banking system . AUTHORS. Tom Ivell, Partner Barrie Wilkinson, Partner Ben Helps, CEO, Factern INTRODUCTION. As the volume of data being generated about individuals increases, technology is making it ever easier for that data to be transferred, and ever more powerful analysis allows valuable insights to be gained from it. How companies collect, process and protect data on their customers, staff and suppliers has turned into one of the biggest debates of our decade. On the one hand, digitisation brings opportunity: To enhance the customer experience, to drive down costs, and to create new business models that make use of digital assets. On the other, digitisation creates a raft of new threats: whether from competitors, who use their own digital assets to disrupt existing businesses, or from cyber criminals able to steal or spoof'.

AUTHORS Tom Ivell, Partner Barrie Wilkinson, Partner Ben Helps, CEO, Factern POINT OF VIEW FUTURE PROOFING PRIVACY GDPR COMPLIANCE IN A NETWORKED BANKING SYSTEM

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  System, Future, Privacy, Banking, Banking system, Future proofing privacy, Proofing

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