October 7, 2003

Treasury Assistant Secretary Wayne Abernathy to Discuss GLBA, FCRA at 2003 IAPP Privacy Academy

Enforcement and Implementation of GLBA, FCRA Featured at Annual Privacy Conference

Philadelphia, PA, October 7, 2003 – With corporate America scrambling to understand and comply with the provisions of the Gramm-Leach-Bliley Act (GLBA) and hoping for a palatable rewrite of the Fair Credit Reporting Act (FCRA), few experts are available to help guide new policy for the preservation of financial privacy. Treasury Assistant Secretary Wayne Abernathy is one such authority in the enforcement and implementation of GLBA and FCRA, and will be a featured speaker in Chicago from October 29 -31 during the International Association of Privacy Professionals’ 2003 Privacy & Data Security Academy & Expo.

Mr. Abernathy, who has served as Treasury Assistant Secretary since November 2002, has more than 20 years experience working in financial regulation and served as staff director for the U.S. Senate Committee on Banking, Housing, and Urban Affairs from 1999 to 2001 under the chairmanship of Senator Phil Gramm, one of GLBA’s primary authors. He has also been a strong supporter of the FCRA and has helped guide current reauthorization efforts in Congress.

“For those struggling with the provisions of GLBA and interested in where the FCRA might be heading, there can be no greater source for information and understanding than Mr. Abernathy, and the IAPP is honored to have him speak to attendees at our 2003 Privacy Academy,” said Kirk Herath, chief privacy officer, Nationwide Insurance and IAPP Board Member. “GLBA and FCRA compliance represents a major new development for organizations dealing with consumer financial data, making Mr. Abernathy’s sessions of vital importance to any affected by the new law.”

The Privacy & Data Security Academy & Expo will provide attendees with answers to daily operational challenges with input from front-line experts and through plenary sessions from internationally recognized privacy leaders. With a wide array of industry tracks, privacy officers will gain the background and knowledge needed in areas such as healthcare privacy, financial privacy, security, technology, marketing privacy and spam.

For More Information:
IAPP Privacy & Data Security Academy & Expo
October 29 through 31, 2003
Chicago Marriott Downtown

For sponsor, exhibitor and registration information, please visit the IAPP website at or contact the IAPP National Office (800-266-6501).

The IAPP is the world's leading association of privacy and security professionals. With more than 1,000 individual and corporate members, the IAPP defines and supports the profession of privacy by being a forum for interaction, education, and discussion across industries. Further information on the IAPP can be found at