Navigating blockchain and fintech trends can feel like trying to hit a moving target. The technologies are constantly changing and it can be difficult to find good information, especially when it comes to security and regulations.
Many institutions are asking, “How secure is blockchain?” and “How do I stay on top of all these compliance laws involving new technologies?”
The Financial Services Data Security Summit, sponsored by Networld Media Group and Thales eSecurity, can help provide answers to these questions. The summit, which takes place Nov. 15 in Boston, will feature a panel on blockchain security and compliance regulations for the evolving fintech industry.
I will be moderating a panel titled, “Keys to Blockchain: Understanding privacy and data security risks,” with Jose Diaz, director of payment strategy at Thales eSecurity, and Sudhaka Kamalanathan, associate director of information security at Cognizant Technology Solutions.
This panel will focus on whether blockchain apps can truly meet the security standards of a bank’s infrastructure, especially with the risk of theft of private keys. The panelists will share key tactics on how banks can implement blockchain technology to improve operations while avoiding the risk of security breaches.
A second session, “Compliance regulations and customer’s expectations of privacy,” will feature Joe Mancini, vice president of information security at Radius Bank. Mancini will offer insight into how banks can handle a large variety of compliance laws such as PCI DSS, GLBA and NCUA, while still meeting customer expectations.
Mancini will also examine how General Data Protection Regulation, an EU law on data collection and privacy, will affect U.S. banks.