Understanding the ‘Need to Know’ Data Access Principle The ‘Need to Know’ data access principle is a fundamental security concept designed to limit access to sensitive information. Under this principle, individuals or entities are granted access only to the data necessary for them to perform their specific tasks or roles. This approach minimises the risk […]
SaaS transparency and the Adobe Lawsuit
The recent lawsuit against Adobe, as reported by the BBC, underscores the critical issue of transparency in SaaS (Software as a Service) subscription models. The US government, through the Federal Trade Commission (FTC), has accused Adobe of implementing “hidden” termination fees and creating a convoluted cancellation process that traps customers into year-long subscriptions without clear […]
The History and Importance of the Signature
Explore the fascinating history of signatures, from ancient pictographs to modern-day e-signatures. Understand why signatures are important and how they have evolved over time. The History of the Signature Signatures have played a crucial role in human history, serving as a unique representation of an individual’s identity and intent for thousands of years. From ancient […]
Automating AML/KYC Compliance
Introduction to AML/KYC Compliance Importance of AML/KYC regulations Streamlining AML/KYC Compliance is crucial for accountants, lawyers, wealth managers, mortgage advisers and other “regulated professions” because they are expensive yet legally required. They were initially designed to prevent financial crimes such as money laundering, terrorist financing, and fraud. Increasingly they play an important role in fighting […]