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Overview
The security framework within this standard cover:
- 1.Entity and User Identification and Verification
- 2.Permission Management
- 3.Data Ownership
- 4.Data Storage and Retention
- 5.Consumer Consent
- 6.Network or IP Transport Layer Security
- 7.Endpoint Security
- 8.Message Level Security
These elements are grouped into sections covering Consumer Security, Data Exchange Security and Data Management Security.
Figure: Open Banking Security Framework