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FDIC to Hold Identity Theft Symposium in Miami Beach
Latest in Series of Conferences to Build Consumer Confidence in an E-Commerce World

FOR IMMEDIATE RELEASE
October 19, 2006
Media Contact:
Jay Rosenstein (202) 898-7303 or jrosenstein@fdic.gov

The Federal Deposit Insurance Corporation (FDIC) has announced the agenda for its next symposium on the importance of consumer confidence in e-commerce, to be held October 25 in Miami Beach, Florida, at the Miami Beach Resort. The half-day meeting will bring together experts from government and the private sector to discuss ways to combat online identity theft and help maintain public confidence in e-commerce.

Opening the meeting will be keynote speaker Thomas J. Curry, a member of the FDIC's Board of Directors. Mr. Curry will provide an overview of the challenges and opportunities that businesses and consumers face in e-commerce. Panel discussions will follow on: Ensuring Integrity in Payment Systems; Building Confidence by Managing Risk in E-Commerce; and Consumer Rights and Resources in an E-Commerce World.

"The speakers will discuss what steps financial institutions and businesses are taking to ensure the security of online banking and other transactions made by consumers," said Sandra Thompson, Acting Director of the FDIC's Division of Supervision and Consumer Protection. "They will also address what consumers can do to protect their personal information. It is important that consumers know their rights and where to go for assistance should they need it."

The October 25th symposium will begin at 8:00 a.m. with registration and a continental breakfast, and with opening remarks scheduled for 8:30 a.m. Closing remarks are scheduled for 12:30 p.m.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,778 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (1-877-275-3342 or 703-562-2200). PR-95-2006




Last Updated 02/20/2007 communications@fdic.gov