Information Security and Financial Institutions: FTC Workshop to Examine Safeguards Rule

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Event Description

This event will be held online only. It will be webcast live and will be viewable on the FTC’s website. Further information about the event and how it can be viewed will be provided soon.

The workshop will explore some of the issues raised in response to amendments the FTC has proposed making to the Gramm-Leach-Bliley Act’s Safeguards Rule, which requires financial institutions to develop, implement, and maintain a comprehensive information security program. In 2019, the FTC sought comments on the proposed amendments to the Safeguards Rule.

The workshop is seeking information, empirical data, and testimony on such topics as:

  • price models for specific elements of information security programs;
  • standards for security in various industries;
  • the availability of third party information security services aimed at different sized institutions;
  • information about penetration and vulnerability testing; and
  • the costs of and possible alternatives to encryption and multifactor authentication.

Event Details

FTC Privacy Policy

Under the Freedom of Information Act (“FOIA”) or other laws, we may be required to disclose to outside organizations the information you provide when you pre-register. The Commission will consider all timely and responsive public comments, whether filed in paper or electronic form, and as a matter of discretion, we make every effort to remove home contact information for individuals from the public comments before posting them on the FTC website.

The FTC Act and other laws we administer permit the collection of your pre-registration contact information and the comments you file to consider and use in this proceeding as appropriate. For additional information, including routine uses permitted by the Privacy Act, see the Commission’s comprehensive Privacy Policy.

This event is open to the public and may be photographed, videotaped, webcast, or otherwise recorded. By participating in this event, you are agreeing that your image — and anything you say or submit — may be posted indefinitely at ftc.gov or on one of the Commission's publicly available social media sites.