PROJECT TITLE :

Assessing the Federal Trade Commission's Privacy Assessments

ABSTRACT:

Regulators worldwide want to stay tabs on firms caught violating client protection rules. Assessments by outside accounting companies are a key tool for regulators to detect privacy and security problems. It's not widely known that an assessment, a term of art in accounting, may be a less-intense evaluation than an audit. Conjointly, in follow, assessments overseen by America's top consumer protection cop, the US Federal Trade Commission, fall short of what is required to ensure that info-intensive corporations are protecting privacy and honoring promises. This text outlines five practical steps to create company oversight additional effective.