The conversation focuses on privacy and how to protect personal and corporate data. The speakers discuss core principles for safeguarding customer and employee data, including data minimization, secure coding practices, and continuous testing of controls. They emphasize the importance of communication with the board and legal teams, as well as the need for data retention and disposition schedules. The conversation also covers privacy training for software developers and IT professionals, as well as contractual obligations for vendors regarding data privacy. The speakers highlight the need for a national privacy standard in the US. The conversation covers various aspects of privacy, including data deletion and obfuscation, mobile device management and privacy, the effectiveness of privacy controls, future trends in privacy, and the importance of policies and training.