WASHINGTON (11/30/15)--The Federal Trade Commission (FTC) is holding a one-day conference on data security Feb. 9 in Seattle. The event will cover how companies can build security into their products and services. The event will have a particular focus on guidance for startups and early stage businesses about how to make security considerations a part of a company’s culture from the start. FTC Commissioner Julie Brill will provide opening remarks for the conference, which will be the third “Start with Security” event nationwide…
WASHINGTON (11/30/15)--The Federal Reserve board announced last week it is implementing several recommendations to enhance the supervision of large and complex banks. The Operating Committee of the Large Institution Supervision Coordinating Committee will oversee the establishment of minimum operating and documentation standards for all supervisory activities. The Federal Reserve Banks of New York and Richmond have also added new resources to their dedicated supervisory teams to ensure consistency in their supervisory approaches. The Fed is also developing a curriculum specifically tailored to the supervision of large financial institutions for its examiner commissioning and training program…