Privacy laws crimp bank efforts to snoop on traders

Banks want to surveil employees to prevent malfeasance. GDPR is hobbling those efforts

GDPR

Never before have computers been so adept at watching the people who use them. And at banks, privacy restrictions may well stop some of that.

Not just that, but some surveillance may have to be rolled back. Data protection laws, such as the European Union’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act, are imposing new boundaries on the ways in which employee and customer data can be used.

In addition, different jurisdictions could present different

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: