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On February 20, 1975, nine informed EDP professionals were invited by the Systems and Software Division of the Institute for Computer Sciences and Technology to discuss the costs Federal agencies should anticipate in complying with the Privacy Act of 1974. The invitees came from Federal agencies, private industry, and academe and shared an interest in the three questions posed by the day's agenda:
- 1. What benefits or increased value will EDP managers or database administrators gain from implementing privacy requirements?
- 2. What direct or hidden costs can be identified and what processes can be used to identify costs?
- 3. How should costs be allocated among those who receive privacy's benefits or face its obligations?