Secure Targeted Support When You Need It
Discover our expert guidance and tailored training designed to increase your competence and confidence in managing data protection issues.
The changing data protection environment
Navigating the complex world of modern data protection can often feel like learning an entirely new language, as it is filled with dense technical terminology and confusing industry jargon. Professionals and everyday users alike frequently find themselves overwhelmed by a relentless wave of complex acronyms, obscure regulatory definitions, and convoluted system requirements that obscure simple concepts.
Heightened awareness of data privacy regulations has led clients to be more proactive in challenging practices and asserting their rights through Subject Access Requests (SARs) or marketing complaints. Furthermore, clients are increasingly leveraging artificial intelligence tools to construct and substantiate their claims.
Navigating FCA and regulatory mandates to capture detailed client information, particularly regarding vulnerability, requires a delicate balance between rigorous compliance and the preservation of client rights, such as privacy and data protection. Financial firms must adopt a proportionate, empathetic, and secure approach to data collection, but may be struggling to find a balance between regulator requirements and client needs.
Finally, there is a much higher risk of a major data breach involving client and company information, driven by a sharp rise in sophisticated cyber attacks, than ever before.
Why Choose Fintect?
Fintect believes in empowering firms we deal with. We choose to explain complex data protection issues simply, and offer pragmatic and achievable solutions so that you can quickly implement them and focus on running your business.
We can offer as much or as little support as you need to help you navigate data protection incidents.
We could help you identify a Subject Access Request (SAR) or data breach and guide you through the required procedures. We also assist with drafting responses to the affected individual and any relevant regulators, helping you safeguard your firm’s reputation.
When IT security fails and a malicious email slips through, your employees are your absolute last line of defence. Fintect can recommend online training packages or provide targeted employee training.
Fintect can transform your firm’s approach to data protection from a mere tickbox exercise into a vibrant company culture of heightened employee awareness and engagement, ultimately helping you effortlessly fulfil your regulatory responsibilities.
Support Services
Services offered include:
- Subject Access Request [SAR] procedure implementation and management.
- Data breach support.
- Advice on recording client data to comply with regulatory requirements.
- Executive and employee training to increase knowledge and understanding and increase protection for your firm.