GDPR and PSD2 Data Protection Compliance for the Financial Sector

The course is a complete A to Z, so we will cover everything that you need to know.In this way, we will first understand financial institutions challenges, PSD2 benefits for consumers, risks involved, security of payments and new types of service providers. We will follow up with GDPR relation and the impact of PSD2 and GDPR for banks. We will learn about open banking methodologies, what financial malware is and how operates. In the end, we will understand how to create a business case for our financial institution and how some hacking attacks are performed. By going through the course you will also get really good resources like PSD2 directive and implementation guide or GDPR implementation guide, open banking implementation and uier experience guides and also the language report that banks relates to. Financial gain is still one of the major motivations behind most cybercriminal activities and there is little chance of this changing in the near future. One trend that has become evident over the last year is that cybercriminals are increasingly moving beyond banking customers and are now also targeting financial institutions directly using top of the rock financial malware. So how can we protect using cloud security and why cloud security is the best approach instead of on premises tools? Once inside the financial institution’s network, the attacker can learn how to transfer money, issue fraudulent transactions, or orchestrate ATM machines to dispense cash, these being the end result of the financial malware. Boost your career by understanding the mechanisms behind financial malware and what banks are looking for in choosing their anti-malware solutions and why cloud security is the best option in this case!