Penetration testing is crucial for SaaS providers, simulating cyberattacks to identify vulnerabilities before malicious actors exploit them. This practice enhances security, ensures compliance with regulations like GDPR and SOC 2, and builds customer trust by safeguarding sensitive data.
Optimizing customer onboarding is crucial for banks in the age of AML, AI, and rising risk. Utilizing AI and automation can improve efficiency, reduce false positives, and enhance compliance, while ensuring data protection and regulatory compliance.
European banks face increasing compliance challenges due to the GDPR and the AI Act. Data management, transparency, and accountability are crucial for the successful integration of AI, while ensuring the protection of fundamental rights and compliance with regulatory requirements.
