GDPR-compliant data governance and ISO 27001 for an FCA-regulated business

Sector: Financial services
Market verticals: FCA-regulated financial services, payments, data privacy
Client: An FCA-regulated financial services business
My role: Chief Information Security Officer and Data Privacy Officer
Period: 2023 to present

The challenge

An FCA-regulated business needed security and data governance that satisfied ISO 27001 and PSD2, kept it on the right side of GDPR, and could keep pace with changes to the standards.

What I did

I revised and implemented the IT security framework and a GDPR-compliant data governance framework. When the ISO 27001 standard was updated, I moved the business across to the new version, with a revised and improved risk management framework and refreshed data governance policies. I delivered Data Protection Impact Assessments and have supported the senior leadership team on GDPR and data governance questions as they come up. Throughout, I have worked to support the firm's existing FCA authorisation and its ongoing compliance.

The result

  • A security and data governance framework that meets ISO 27001 and PSD2 requirements

  • A smooth transition to the current ISO 27001 standard with stronger risk management

  • Senior leaders with a dependable source of advice on privacy and data protection

  • The firm's existing FCA authorisation supported, with security and data governance compliance maintained

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