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The Entersekt blog.

Industry news, security threats, and technology advances in consumer authentication
The ABCs of the GDPR and CCPA

The ABCs of the GDPR and CCPA


Most of us don’t think twice about sharing basic information like our name and what we do for a living when introducing ourselves to someone for the first time. Would you just as happily share your social security number, financial data, or medical records? I’d say probably not. But in the digital space, this is what’s happening to all of us, all the time.

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Snippet: Following a seemingly endless barrage of marketing emails asking consumers to opt-in to keep receiving communications, the European Union’s General Data Protection Regulation (GDPR) came into effect on 25 May, marking the enactment of a sweeping data protection law that governs how data is collected and used in the EU’s 28 countries.

Following a seemingly endless barrage of marketing emails asking consumers to opt-in to keep receiving communications, the European Union’s General Data Protection Regulation (GDPR) came into effect on 25 May, marking the enactment of a sweeping data protection law that governs how data is collected and used in the EU’s 28 countries.

Snippet: FinTech and banks have long been painted as natural enemies vying for control of the future of consumer finances – but that view is a little out of date, Entersekt CTO Gerhard Oosthuizen recently told PYMNTS.com in an interview. These days, banks and fintechs are increasingly realizing they’ll work better together than apart.

FinTech and banks have long been painted as natural enemies vying for control of the future of consumer finances – but that view is a little out of date, Entersekt CTO Gerhard Oosthuizen recently told PYMNTS.com in an interview. These days, banks and fintechs are increasingly realizing they’ll work better together than apart.

Snippet: In many ways, the evolution of the card networks’ 3-D Secure protocol is a reflection of how the world of e-commerce has changed. As with any process of change, growing pains are inevitable; in the case of 3-D Secure, they’ve been there right from the start.

In many ways, the evolution of the card networks’ 3-D Secure protocol is a reflection of how the world of e-commerce has changed. As with any process of change, growing pains are inevitable; in the case of 3-D Secure, they’ve been there right from the start.

Snippet: Today’s world is more interconnected than ever. Although this has its advantages, the increased connectivity brings with it an increased risk of theft, fraud and abuse. The more we rely on modern technology, the more vulnerable we are to cyber attacks resulting in mass data breaches, account takeover, and synthetic identity fraud.

Today’s world is more interconnected than ever. Although this has its advantages, the increased connectivity brings with it an increased risk of theft, fraud and abuse. The more we rely on modern technology, the more vulnerable we are to cyber attacks resulting in mass data breaches, account takeover, and synthetic identity fraud.

Snippet: Since one of the first known mobile viruses, Timofonica, was discovered in 2000, the mobile landscape has seen a staggering increase in both the number and the type of malware threats.

Since one of the first known mobile viruses, Timofonica, was discovered in 2000, the mobile landscape has seen a staggering increase in both the number and the type of malware threats.

Snippet: As payments become more digitized, so do fraud schemes. Fraudsters always seem to stay just one step ahead of the industry’s relentless efforts to defeat them.

As payments become more digitized, so do fraud schemes. Fraudsters always seem to stay just one step ahead of the industry’s relentless efforts to defeat them.

Snippet: FinTech Atlanta, a coalition of companies and organizations working together to grow the city’s fintech ecosystem, aims to have Atlanta recognized as the global home of fintech by 2020. The metropolis already has an impressive track record in financial services.

FinTech Atlanta, a coalition of companies and organizations working together to grow the city’s fintech ecosystem, aims to have Atlanta recognized as the global home of fintech by 2020. The metropolis already has an impressive track record in financial services.

Snippet: Without carrier interoperability, it would be impossible to transmit calls or text messages between mobile phones on different networks, making SS7 a key component of the global communication ecosystem.

Without carrier interoperability, it would be impossible to transmit calls or text messages between mobile phones on different networks, making SS7 a key component of the global communication ecosystem.

Snippet: Remember VHS? The Sony Walkman? What about the dot matrix printer? These are things that were considered state-of-the-art in the 1980s – but are now only a fond memory.

Remember VHS? The Sony Walkman? What about the dot matrix printer? These are things that were considered state-of-the-art in the 1980s – but are now only a fond memory.

Snippet: As any and every bank and organization that deals with payments knows by now, the European Banking Authority’s regulatory technical standards (RTS) on strong customer authentication take effect in September 2019.

As any and every bank and organization that deals with payments knows by now, the European Banking Authority’s regulatory technical standards (RTS) on strong customer authentication take effect in September 2019.

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Entersekt is an innovator of customer-centric fintech solutions. Financial services providers and other enterprises rely on our patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel. With us, they can concentrate on their innovation roadmap, while delivering intuitive, low-friction digital experiences to their customers.