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Learn how AEGON, a global financial services company, integrated incident response with privacy requirements to meet regulatory expectations and manage expanding privacy risks. Discover the challenges faced and the strategies employed to overcome them, including key stakeholder involvement and business process integration.
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Integrating Incident Response with Privacy Requirements Janine Comstock Chief Information Security Officer
AEGON at a glance • Roots date back to mid-1800’s* • Life insurance, pensions andinvestment products • More than 40 million customers worldwide • EUR 378 billion in revenuegenerating investments(as at June 30, 2007) • Market capitalization ofEUR 21.5 billion (Bloomberg; as at August 21, 2007) • Approximately 30,000 employeesworldwide * AGO and Ennia in the Netherlands; Monumental Life in US; Scottish Equitable in UK
Cedar Rapids • Life Investors Insurance Company of America • 1979 AEGON N.V acquired • 3,500 employed
Multi-brand Strategy Local knowledge. Global power.
Why did it expand? • What were some challenges? • How did we overcome those challenges? Silo Processes and Responders IT Risk Focus State, Federal, and International Privacy Requirements
Expansion • Mitigate Privacy Risks • Meet Expectations • Manage Expanding Requirements
Challenges • Too many regulatory variables • Federated organizational model • Technology Mindset
Challenges Met • Key Stakeholder Involvement • Training and Awareness • Business Process Integration
Q & A Thank You.