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Digital Policy, Regulation and Governance : Information security frameworks for assisting GDPR compliance in banking industry
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Abstract
Purpose – Data can nowadays be seen as the main asset of organizations and data leaks have a
considerable impact on the organization’s image, revenues and possible consequences to the affected
clients. One of the most critical industries is the bank. Information security frameworks (ISF) have been
created to assist organizations and other frameworks evolved to update these domain practices.
Recently, the European Union decided to create the general data protection regulation (GDPR),
applicable to all organizations dealing with personal data of citizens residing in the European Union.
Although considered a general regulation, GDPR implementation needs to align with some industries’
laws and policies. Especially in the Bank industry. How these ISF can assist the implementation of GDPR
is not clear.
Design/methodology/approach – The design science research process was followed and semistructured interviews performed.
Findings – A list of practices to assist the bank industry in GDPR implementation is provided. How each
practice map with assessed ISF and GDPR requirements is also presented.
Research limitations/implications – As GDPR is a relatively recent subject, it is hard to find experts in
the area. It is more difficult if the authors intend to find experienced people in the GDPR and bank
industry. That is one of the main reasons this study does not include more interviews.
Originality/value – This research provides a novel artefact to the body of knowledge. The proposed
artefact lists which ISF practices banks should implement to comply with GDPR. By doing it the artefact
provides a centralized view about which ISF frameworks (or part of them) could be implemented to help
banks comply with GDPR.
João Serrado - Personal Name
Ruben Filipe Pereira - Personal Name
Miguel Mira da Silva and Isaías Scalabrin Bianchi - Personal Name
Ruben Filipe Pereira - Personal Name
Miguel Mira da Silva and Isaías Scalabrin Bianchi - Personal Name
NONE
Text
ENGLISH
EMERALD INSIGHT
2020
ENGLAND
JURNAL ILMU HUKUM
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APA Citation
João Serrado. (2020).Digital Policy, Regulation and Governance : Information security frameworks for
assisting GDPR compliance in
banking industry.(Electronic Thesis or Dissertation). Retrieved from https://localhost/etd