FTC Seeks Input on Safeguards Rule

By Staff Writer July 06, 2020 586

The Federal Trade Commission released the final agenda for a July 13, 2020 virtual workshop that will seek input on proposed changes to the Gramm-Leach-Bliley Act‘s Safeguards Rule, which requires financial institutions to develop, implement, and maintain a comprehensive information security program.

The virtual workshop will examine some of the issues raised in response to amendments the FTC has proposed to the Safeguards Rule. In 2019, the FTC sought comments on the proposed amendments to the rule.

The virtual workshop will feature five panel discussions examining such issues as: the costs and benefits of information security programs; how information security programs and practices scale to smaller businesses; continuous monitoring, penetration, and vulnerability testing; accountability, risk management, and governance of information security programs; and encryption and multifactor authentication.

The workshop will be held online. Information about how to view the workshop will be posted on the event page.

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Last modified on Thursday, 09 July 2020 14:05