Thursday, September 22, 2011

BBB & and FTC to Hold Data Security and Privacy Summit

Saint Paul, Minnesota – September 22, 2011 – Protecting their own data and the sensitive information of their customers is perhaps the greatest challenge businesses face today, and yet many are unaware of threats to their security or fail to comply with existing privacy laws. The Better Business Bureau of Minnesota and North Dakota (BBB) and the Federal Trade Commission (FTC) are taking the lead in educating businesses on these important issues by sponsoring the Data Security and Privacy Summit on Thursday, October 6 from 8 a.m. to noon at the Edinburgh USA Event and Conference Center in Brooklyn Park, MN. This event is open to all Minnesota and North Dakota businesses.

“With major corporations and institutions suffering data breaches and falling victim to hackers on a regular basis, data security and privacy issues are things every business needs to take seriously,” said Dana Badgerow, president and CEO of the BBB. “We’re proud to partner with the FTC to offer business owners this timely training.”

A business’s ability to protect sensitive information may mean the difference between success and failure. A large business may be able to weather the financial costs and reputation damage associated with a data breach, but such an incident can sink a smaller business.

“The Federal Trade Commi ssion is pleased to be part of this important event,” said Todd M. Kossow, Assistant Director for the FTC’s Midwest Region in Chicago. “Having a plan to protect consumers’ privacy and adequately safeguard sensitive data is not only a good business practice, it’s the law.”

The Data Security and Privacy Summit brings together a distinguished line-up of legal and privacy experts, including FTC Midwest Region Assistant Director Todd Kossow, to provide business owners with the most up-to-date information on best practices in regard to data privacy and provide step by step instructions on how to protect their most valuable asset – information. The event will feature a number of breakout sessions; attendees will learn about: Mobile Payment Systems and Security, Health Information Security Framework, Business Risk & Privacy Management, FFIEC and the supplement for authentication/Internet banking, Privacy and Security Compliance, Healthcare Privacy Regulation and Enforcement and Social Media and Privacy.

Twin Cities Privacy Network and Upper Midwest Security Alliance are Partners for this event. Pre-registration is required.

Ticket Prices (full breakfast is included):
Regular - $99
Early Bird - $79
BBB Accredited Businesses and Event Partners - $59
Students - $29
To register for the Data Security and Privacy Summit, visit http://minnesota.bbb.org/rsvp/dsps/.