Date: April 15, 2019
Time: 2:00 - 3:30 PM CT
SBS Instructor: Jon Waldman
This webinar is presented in partnership with GSB.
Description: Over 17 years ago, The Gramm-Leach-Bliley Act (GLBA) and the Federal Trade Commission (FTC) issued the Safeguards Rule and the Privacy Rule, requiring financial institutions to document and implement an Information Security Program to protect customer information. Now, in one of the biggest proposed regulatory changes to the currently vague requirements of GLBA, the FTC proposes including the following controls:
- Formal Incident Response Plan
- Designated CISO
- Least Privileges model and use reviews
- Physical access restrictions
- Encryption of customer data at rest and in transit
- Multifactor authentication
- Change management
- Detection of unauthorized access
- And more...
The FTC also proposes to broaden the scope of covered entities to include critical vendors, FinTech companies, universities, tax preparers, accountants, and many more entities.
Join us to review the proposed changes to the safeguard controls, scope of covered entities, how you can make comments on the proposed changes, and insight into the impacts on our banks, critical vendors, and business in our communities.
Target Audience: Information Security Officer, IT Manager, Risk Officer, Internal Auditor, and Executives looking to understand more about the proposed changes.
Want more information? Check out the SBS Blog - FTC Proposes Changes to GLBA Safeguards Rule.
Hacker Hour webinars are a series of free webinars hosted by SBS CyberSecurity. Unlike paid webinars, Hacker Hours are aimed to meet on a monthly basis to discuss cybersecurity issues and trends in an open format. Attendees are encouraged to join the conversation and get their questions answered. SBS will also offer products and services to help financial institutions with these specific issues.