Regulatory Alerts2014-10-14
Added · Updated
Customer Data Protection: Annex on Controls for Preventing and Detecting Data Loss or Leakage
The Hong Kong Monetary Authority issues this annex to require Authorized Institutions to implement comprehensive controls for preventing and detecting the loss or leakage of customer data. The document mandates specific measures across data classification, logical access, transmission, storage, and physical security, while also addressing risks associated with personally-owned devices and service providers. Institutions must conduct periodic independent audits to ensure compliance with these stringent data protection standards and regulatory guidance.
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Topics
privacy
infosec
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