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Financial Institutions – Having a DLP Solution to Comply with the Gramm-Leach-Bliley Act (GLBA) is a Must and Here is Why…

Financial Institutions – Having a DLP Solution to Comply with the Gramm-Leach-Bliley Act (GLBA) is a Must and Here is Why… DLP, or data loss prevention, is a critical component of compliance with the Gramm-Leach-Bliley Act (GLBA). This federal law, which was passed in 1999, requires financial institutions to protect the nonpublic personal information (NPI) …

Financial Institutions – Having a DLP Solution to Comply with the Gramm-Leach-Bliley Act (GLBA) is a Must and Here is Why… Read More »

Exclusive: How a secret software change allowed FTX to use client money

Dec 13 (Reuters) – In mid-2020, FTX’s chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feature on the trading platform that would have automatically sold off Alameda’s assets if it was losing too …

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