New York Life Names Chief Privacy Officer
New medical rules may prompt more such appointments
April 23, 2001 12:00 PM ETComputerworld -
New York Life Insurance Co. last week joined the likes of American Express Co. and Providian Financial Corp. by naming a chief privacy officer (CPO) to uphold privacy standards and procedures.
| | CPO Duties A chief privacy officers responsibilities include:
Source: Survey by PricewaterhouseCoopers, New York. |
The new CPO, Thomas Warga, is a senior vice president at New York Life. He's also in charge of audit and compliance activities, as well as the office of business conduct.
New York Life, a Fortune 100 company, is one of the largest insurers in the country. It recently revised its privacy policy to meet new federal and state privacy laws and will mail copies of the updated policy to customers and subsidiaries later this month. Warga said the company's previous privacy policy was only an internal document.
Warga said he was picked for the job because his experience in auditing and compliance has given him an enterprisewide perspective.
"Also, over the years, I've been able to develop contacts and working relationships with all the managers of all the business units," he said.
Those contacts include relationships with IT managers.
Warga said he plans to work closely with the chief information security officer, who reports to the CIO, to ensure that the security and privacy policies complement and support each other.
There are now between 200 and 300 CPOs in the U.S., according to Alan Westin, head of the Association of Corporate Privacy Officers in Hackensack, N.J. That number may jump to the thousands in the next couple of years, he said.
"Under the Health Insurance Portability and Accountability Act, every entity covered must designate an official to develop and implement privacy policies," said Westin. "That's 60,000 entities."
In Europe, where privacy standards are stricter than in the U.S., there are already thousands of privacy officers; for example, there are 2,000 data protection officers in Germany and 1,200 in Sweden, Westin said.
Privacy proponents have warned, however, that the recent wave of corporate CPO appointments shouldn't distract the nation from the need for even stricter privacy laws.
"What good does a chief privacy officer do if there are no laws?" asked Edmund Mierzwinski, consumer program director at the U.S. Public Interest Research Group in Washington. "The laws we have aren't good enough, particularly in the insurance business."
Additional Resources



Learn the important issues you must consider before starting your next mobility initiative. Get your mobility white paper from IDC now, compliments of Sybase.
White Papers & Webcasts
Cost Management & Value Optimization
(Source: Capgemini) Strategic Action vs. Reacting to the Storm. Strategic cost management strategies are a key executive focus due to 1)...
Usability Is Everything
Learn what sets Workday's HR and Payroll solutions apart from the competition....
Accelerate SSL Encrypted Applications
The amount of SSL traffic is growing in the enterprise. Because it is encrypted, it cannot be properly controlled and accelerated. Blue Coat...
The Value of Real SaaS at Workday
Cost savings, speed to value, and innovation brought to the enterprise by Workday's software-as-a-service solutions for HR and Payroll....
ESG Lab Field Audit
Many companies have successfully implemented Riverbed WAN optimization solutions within their Cisco networks. This ESG Lab Field Audit document explores the success that...
SaaS at Flextronics, Inc.
Dave Smoley, CIO of Flextronics, discusses the real value of software-as-a-service and why he chose Workday for his HR solution....
Shape Your Apps Strategy to Reflect New SaaS Licensing and Pricing Trends
Why are smart companies choosing software-as-a-service? Find out in the complimentary Forrester Research report...
Why Compliance Pays
This OnDemand webcast explores the relationship that firms with best compliance records have higher revenue, greater customer retention, lower financial losses from data...
Natural User Interface for Enterprise Applications
Learn how a revolutionary user interface can make a complex enterprise application so intuitive even casual users can jump right in....
Agile Enterprise Content Management (ECM) for Rapid ROI
Find out how combining ECM and BPM will help adress issues about content rich business processes....
Subscribe to Computerworld
