About
Do you have the operational and strategic tools you need to prevent, detect and respond to the massive threat of security breaches and identity theft?
With ever-more sophisticated hackers and cyber-criminals, identity theft has become the number one issue facing financial institutions, credit bureaus, online businesses, universities and other enterprises that retain personal information. And for good reason - the statistics showing financial and reputational damage from security breaches and resulting identity theft are staggering.
- The FTC reports 1,000 cases a day of ID theft
- A recent FBI operation put an end to a scheme in which nearly 150,000 victims lost more than $215 million
- The number of phishing e-mail messages intercepted by a prominent web security company grew 300% since June 2004
- Over 80% of the top 100 financial institutions have reported external attacks on their IT systems in the past year
It is not enough to simply have in place an information security plan; the CIO, CTO, Risk Managers, Privacy Officers and Counsel must operate cohesively and quickly to stay ahead of would-be fraudsters. To prevent your institution from becoming the next victim, you must take action to ensure a top-notch system that will protect, enforce and secure your consumer data.
ACI's Detecting and Responding to Security Breaches and ID Theft publication will provide you with up-to-date information and practical strategies on how to:
- Identify risks from the regulatory, operations and legal perspectives
- Upgrade your existing information security program based on your institution's specific needs
- Shore up your defenses against the latest forms of phishing, spoofing, and pharming
- Implement the most effective industry standards for fraud management and internal audit systems
- Respond to security breaches to minimize the impact on corporate reputation and potential liability
Contents & Contributors
PROTECTING YOUR GOOD NAME
Betsy Broder, Federal Trade Commission
GUARDING AGAINST IDENTITY THEFT
Jennet W. Leong, Security and Exchange Commission
PRIVATE INDUSTRY AND THE FBI: A PARTNERSHIP TO COMBAT CYBERCRIME
Gloria Zaborowski, Federal Bureau of Investigation
INFORMATION SECURITY: "ASSESSING OPERATIONAL RISKS AND THREAT VECTORS"
James Christiansen, Experian
CASE STUDY: ACXIOM CORPORATION
Timothy Spainhour, Acxiom Corporation
UPGRADING YOUR INFORMATION SECURITY PROGRAM: LESSONS LEARNED
Michael J. Brauneis, Proviti, Inc.
UPGRADING YOUR INFORMATION SECURITY PROGRAM: THE LEGAL STANDARD FOR COMPLIANCE
Thomas J. Smedinghoff, Baker & McKenzie LLP
UPGRADING YOUR INFORMATION SECURITY PROGRAM TO MEET REGULATORY REQUIREMENTS AND OPERATIONAL BEST PRACTICES
Joseph Majka, Visa U.S.A
UPGRADING YOUR INFORMATION SECURITY PROGRAM: COMPLIANCE IN A MULTI-JURISDICTIONAL SETTING
Brian Hegensbaugh, Baker & McKenzie LLP
CREATING AN ENTERPRISE WIDE FRAUD SOLUTION
Tim Keller, TransUnion
MINIMIZING YOUR VULNERABILITY TO THE LATEST PHISING, SPOOFING AND PHARMING
Alecia Kontzen, Wachovia
CONSUMER PROTECTION: BALANCING RISK, PREFERENCE, AND SECURITY
Amir Orad, CYOTA Inc.
INFORMATION SECURITY BREACH NOTIFICATION LAWS
Peter McCorkell, Wells Fargo & Co.
ENSURING YOUR SECURITY PROGRAM COMPLIES WITH STATE LEGISLATION
Reece Hirsch, Sonnenschein Nath & Rosenthal LLP
POST-BREACH CONTROL AND CONTAINMENT MEASURES TO MINIMIZE LIABILITY
Marc Loewenthal, New Century Mortgage Corporation
POST-BREACH CONTROL AND CONTAINMENT MEASURES TO MINIMIZE LIABILITY
Peter McCorkell, Wells Fargo & Co.
PR STRATEGIES FOR MINIMIZING REPUTATIONAL RISKS WHEN A SECURITY BREACH OCCURS
Jacob S. Frenkel, Shulman, Rogers, Gandal, Pordy & Ecker, P.A.
ENSURING SECURE AND COMPLIANT PROCESSES WHEN USING THIRD PARTIES AND CONSULTANTS
John Delaney, Morrison & Foerster LLP
DATA TRANSFER CONTRACTS: ENSURING SECURE AND COMPLIANT PROCESSES WHEN USING THIRD PARTIES AND CONSULTANTS
Lothar Determann, Baker & McKenzie LLP
*American Conference Institute cannot guarantee that every presentation will be included in the publication.
Publication Details