Legislation

Protecting Australian Consumer Data Rights (CDR) with Kong Gateway

This post highlights how you could use Kong Gateway to implement a solution for the Australian Consumer Data Standards (CDS), which is part of the Consumer Data Right legislation introduced by the Australian Government in November 2017. As detailed on the Australian ACCC website: CDR will give consumers greater access to and control over their data and will improve consumers’ ability to compare and switch between products and services.

The Ultimate Guide to HIPAA

The Healthcare Insurance Portability and Accountability Act (HIPAA) has been an important federal law in healthcare since 1996. Part of its purpose was to create standards meant to protect sensitive patient information, and it took on even more important once the digitalization of patient health records became widespread. Now it’s required for certain types of businesses to protect patient health information—or face fines that range from $100 to $50,000 per violation.

The Official 2021 Checklist for HIPAA Compliance

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is a U.S. federal law. It sets national standards for health care providers to maintain the privacy of patients' protected health information (PHI), including electronically protected health information (ePHI). If you collect, store, or process any kind of patient or medical data, you need to be aware of HIPAA and how it affects your operations. But what does it really mean to be HIPAA compliant?

The Complete Guide to GDPR Compliance

The General Data Protection Regulation (GDPR) is a landmark piece of legislation that affects how organizations can handle, process, and store the personal data of European Union (EU) citizens and residents. But what does the GDPR require exactly, and how can you be sure that your organization complies with it? We go over everything you need to know in this all-in-one guide to GDPR compliance.

What is Data Privacy-and Why Is It Important?

You've probably heard the expression "data is the new oil." Well, data today is fueling an increasing number of businesses. Personalized customer experiences, automated marketing messaging, and science-driven insights all depend on the quality and volume of your information. Companies are eager to gather data, and understandably so. Legislators, on the other hand, are keen to protect the privacy and safety of individuals.

Compliance, Quality, and Efficiency for GDPR

The GDPR (General Data Protection Regulation) requires businesses to protect the personal data they hold for any citizens of Europe. It pertains to those organizations that operate within the EU (European Union), and also those that offer goods and services to individuals in the EU. Proving GDPR compliance is all about documentation. It can be difficult, however, to cover your bases reliably and efficiently. Especially when regulations change.

FRTB: Will 2023 Finally be the Year?

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. FRTB is designed to address some fundamental weaknesses that did not get addressed in the post-2008 financial crisis regulatory reforms. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.