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Wednesday, September 17, 2025
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Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Saudi Central Bank Launches Google Pay Service Through Mada Network Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’ barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments JPMorganChase and Plaid Announce an Extension to their Data Access Agreement for Sharing of Consumer Permissioned Data Enhancements to Ecommpay Subscriptions Service Help Address Failed Recurring Payments HSBC Deploys Wealth Intelligence for Its Wealth Management Staff to Enhance Client Experience

Proteus-Cyber adds Personal Data Listener to Reduce Cost of GDPR

Proteus-Cyber Ltd is pleased to release Proteus®GDPReady+™: a Data Listener that can find, track and retrieve Personal Sensitive Data for GDPR.

Proteus®GDPReady+™: solves one of the most difficult challenges faced when implementing the upcoming General Data Protection Regulation without any modifications to the underlying infrastructure or applications, saving you time and money.
Proteus-Cyber Ltd – www.proteuscyber.com

The General Data Protection Regulation (GDPR) comes into force on the 25th May 2018 and is possibly the biggest legislative change of our time. It will have huge implications for most businesses that deal with personal data. The consequences of non-compliance are massive – severe fines of up to €20m or 4% of turnover. Businesses need to act now to ensure they are GDPR ready before the deadline.

GDPR has four broad themes: 1. Dealing with ‘data subject access requests’; 2. Legal compliance (consent and terms and conditions); 3. Business process risk management; 4. Effectively dealing with breach notification.

Dealing with ‘data subject access requests’ has the most far-reaching implications for businesses because basic questions such as: ‘what Personal Sensitive Data do you hold?’, ‘why are you holding it?’, ‘where is it stored?’, ‘who can see it?’ and ‘how long are you going to keep it for?’ seem like simple questions. However, there are plenty of organisations that struggle to keep track of their servers and build/patch state, let alone the content of those systems. The task of knowing where all Personal Sensitive Data exists, including all copies of it, whether legitimate or otherwise, in itself is considerable. Now add in the obligations, such as the right to correct, delete or port the data, and the true scale starts to emerge.

Conventional approaches include creating yet another dedicated data warehouse or creating a central meta-data repository, which applications notify when they add, modify or delete Personal Sensitive Data. A new data warehouse is expensive, and not fool proof because data can be missed. A central meta-data repository has wide ramifications because, potentially, every application has to be changed to communicate with the central application, every time data is added, modified or deleted.

Ideally organisations would just want to monitor their data traffic without modifying underling applications or systems – to listen for the changes and store that meta-data for retrieval at the source, only when required. If this were possible, then a large amount of cost could be removed from implementing GDPR.

Proteus®GDPReady+™ incorporates a third party user behaviour and monitoring technology used by police forces, NHS trusts and global retail clients, to deliver the new data listening capability. Proteus®GDPReady+™ is an API-less data listening solution that can track when your applications interact with Personal Sensitive Data and can retrieve that data to support data subject access requests. It compliments the previously released Proteus®GDPReady™ which provides the DPO with the tools to manage organisations’ compliance with GDPR, including modelling business processes, defining where sensitive data is located and performing multi-phase Data Privacy Impact Assessments. The ‘+’ option adds the capability to easily retrieve Personal Sensitive Data and so completes the GDPR puzzle. Compared with the conventional approaches it is also seriously cost effective.

  1. Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Read more
  2. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
  3. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
  4. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
  5. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
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