FTC Safeguards Rule

New FTC Safeguards Rule: Is Your Business Ready?

The Federal Trade Commission (FTC) increased the regulations regarding customer data security in the updated Standards for Safeguarding Customer Information (commonly referred to as The Safeguards Rule for short.) The FTC Safeguards Rule now requires non-banking financial institutions, including automobile dealers, payday lenders, and mortgage brokers, to develop, implement, and maintain a comprehensive security program … Read more