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Financial institutions collect personal information from customers every day, from names and addresses to bank account and Social Security numbers. The Gramm-Leach-Bliley Act’s Safeguards Rule requires those institutions to develop, implement, and maintain a comprehensive information security program. As part of its regulatory review process, the FTC has proposed changes to the Rule. Join us on July 13, 2020, for Information Security and Financial Institutions: An FTC Workshop to Examine the Safeguards Rule, where FTC staff and guest speakers will explore the issues. And take a look at the just-released agenda to check out what’s up for discussion.

FTC SaFEGUARDS rULE WORKSHOP LOGOFTC attorney David Lincicum will open the workshop at 9:00 ET. The first panel will discuss The Costs and Benefits of Information Security Programs.

In the next panel, speakers will explore Information Security Programs and Smaller Businesses. Following this, the third panel will cover Continuous Monitoring, Penetration, and Vulnerability Testing.

Panel #4 will discuss Accountability, Risk Management, and Governance of Information Security Programs. The last panel will close the workshop with a discussion of Encryption and Multifactor Authentication.

This event, which is free and open to the public, will be webcast live. There’s no need to pre-register. You can watch from the event webpage on July 13th.

It is your choice whether to submit a comment. If you do, you must create a user name, or we will not post your comment. The Federal Trade Commission Act authorizes this information collection for purposes of managing online comments. Comments and user names are part of the Federal Trade Commission’s (FTC) public records system, and user names also are part of the FTC’s computer user records system. We may routinely use these records as described in the FTC’s Privacy Act system notices. For more information on how the FTC handles information that we collect, please read our privacy policy.

The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Your thoughts, ideas, and concerns are welcome, and we encourage comments. But keep in mind, this is a moderated blog. We review all comments before they are posted, and we won’t post comments that don’t comply with our commenting policy. We expect commenters to treat each other and the blog writers with respect.

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