Cyber Security Compliance Sponsorship of GrammLeachBliley Conference Series

1
Cyber Security ComplianceSponsorship
ofGramm-Leach-BlileyConference Series

• LegalNet Works Incorporated
• Amlev Dershowitz Communications
• November 2000

2
Gramm-Leach-BlileyCyber Security Compliance

• Government requires cyber-security measures
• First-ever cyber risk management
  guidelines/regulations
• Focus is on financial services sector, broadly
  defined
• Ten specific process-requirements
• Perform risk assessments (cyber)
• Identify and protect critical information
  systems
• Provide cyber security training
• Compliance by July 2001
• Penalties are severe for non-compliance
• Tort liability is undefined - D/O downstream
  damage

3
Veridian - Background

• Veridian is
• Known for high end, secure network systems
  delivery
• Identified largely for its defense and space
  capabilities
• Not as well known for industry services
• Not as identified for full range of cyber
  security and reliability services
• Perceived narrowly by experts and in defined areas

4
Press Analysis Narrowly Defined

• Press analysis shows
• More than 600 Nexis 'hits" in last two years
• At least 1/3-1/2 commercial wire services (e.g.
  Biz Wire)
• 37 documents had cyber security or information
  security w/25 Veridian
• Most of these were Veridian's own press releases
  in "About Veridian section
• MRJ and Trident acquisitions generated cyber or
  info security connections

5
GLB Cyber SecurityConference Goals

• Five principal goals
• Reach target audience to create awareness of GLB
  cyber
• Reveal liability for GLB non-compliance
• Persuade that GLB is a business issue
• Offer Cyber Security Program compliance
  methodology
• Position sponsors as leaders in cyber security

6
GLB Conference SeriesSponsorship Proposal

• Conference series would
• Position Veridian as authoritative in GLB cyber
  security
• Enhance Veridians credibility with industry on
  cyber policy
• Help position Veridian in industry as well as
  government
• Provide networking with industry leaders in
  financial services
• Establish competitive edge for GLB services

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Conference Series Details

• Number Four to eight conferences in NY, DC, etc.
• Timing First out the gate (March/April
  initiation)
• Speakers
• Regulators, insurance, corporate counsel,
  auditors, CIOs/CTOs
• Education Materials Compliance oriented,
  tracking GLB ten modules
• Recruitment Work with professional associations
  (e.g., BITS)
• Professional Benefits CLE, accountant credits,
  etc.
• Administration LegalNet ADComm staff and
  management

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Sponsorship

• Veridian as lead sponsor
• Facilitate five to six others
• Other in-kind sponsors
• Recruitment BITS, FS Roundtable, ABA
• Government FFIEC, CIAO, NSA, National Governors
  Association
• Legal community American Bar Association
• Technical community IEEE, ACM
• Academia George Mason Law School, CMU, Syracuse

9
Conclusions, Questions, Next Steps

• Initial Federal government foray into cyber
  security
• Timing is critical Regulatory schedule
• Need firm answer by Christmas - latest !
• Win/Win for Veridian Need your input
• Next Steps Decision Making

10
Contact Information

• Lee Zeichner, Esq.
• LegalNet Works Incorporated
• 3204 Juniper Lane
• Falls Church, Virginia 22044
• 703/536-8767
• admin_at_leglnet.com
• Toby Dershowitz
• Amlev Dershowitz Communications, Inc.
• 1828 L Street, NW Suite 720
• Washington, DC 20036
• 202/785-2282
• Toby_at_amlevdershowitz.com