Understanding the Compliance Risks of Using Encrypted Apps

Implications for financial firms and how to respond

Many financial firms worldwide use encrypted applications such as Signal, WhatsApp and Telegram because of their ease of use and various features such as voice and video calling, group chats and file sharing. However, with employees and clients using these applications, firms must oversee their use and monitor for compliance risks. In this brief, you’ll learn:

  • Why the use of encrypted apps is increasing in firms worldwide
  • What regulatory compliance risks are involved with encrypted apps
  • How to stay ahead of risk and future-proof your data strategy

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