Square Peg in a Round Hole: How Financial Services Comply with New Privacy Laws

A panel of financial services privacy experts will discuss the challenges of creating and designing programs to comply with new privacy and artificial intelligence laws that were not written with banks or insurance companies in mind. New laws intended to govern social media platforms, fintechs, streaming services, data brokers and healthcare are often still applicable to banks and insurance companies, often with confusing and contradictory results. The panel will focus on how insurance companies and banks’ privacy programs deal with those results through a mix of risk-based decisions, data management, security, AI and privacy rules, while working with new laws involving children’s privacy, health data, geolocation, biometrics and AI chatbots.

What you will learn:

• How banks and insurance companies strive to comply with new privacy laws written for other industries. 
• The unique privacy challenges faced by banks, financial advisors and insurance companies. 
• How privacy programs in financial services deal with data management, security, AI and privacy rules when working with new laws involving children’s privacy, health data, geolocation, biometrics and AI chatbots.