Call for Experts for 3 New X9 Initiatives: Blockchain Report Audit Framework, "Secret Sharing" Standard, and Data Protection and Breach Notification Standard
Summary
In financial services, audits and assessments are basic and necessary functions, but there are no guidelines that apply to blockchain reports. This standard will apply to all organizations that handle sensitive payment information, and it will provide a consistent breach notification process to protect consumers and other stakeholders nationwide. "These three new projects demonstrate the energy and range of ideas that have surged from X9 members this spring, in a remarkable level of activity and inspiration," said X9 Executive Director Steve Stevens. "All three initiatives will deliver valuable tools and guidance to the financial services industry, and I urge all interested parties to learn more and join the work. X9 performs the secretariat function, acts as the U.S. Technical Advisory Group, and provides the committee chair for ISO TC68, which produces international standards for the global financial services industry.