Consumer Protection Encryption Risk Telecommunications 
eSecurity Planet
AUGUST 9, 2022
See the Top Governance, Risk and Compliance (GRC) Tools. Financial Data Protection Laws. financial data must comply with consumer-protection laws such as the Electronics Fund Transfer Act (EFTA) and a litany of regulations enforced by the SEC (such as Sarbanes-Oxley), CFTC, FISMA, and other financial regulatory bodies.
Pen Test Partners
FEBRUARY 22, 2024
Additionally, any unique passwords generated for products must avoid simplicity, such as incremental counters or information easily linked to the device, unless encrypted or hashed using industry-recognised secure methods. These penalties highlight the financial risks of failing to comply with the UK’s product security regulations.
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