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FTC Safeguards Rule: What Your Business Needs to Know
https://www.ftc.gov/business-guidance/resources/ftc-safeguards-rule-what-your-business-needs-know
May 2022. As the name suggests, the purpose of the Federal Trade Commission’s Standards for Safeguarding Customer Information – the Safeguards Rule, for short – is to ensure that entities covered by the Rule maintain safeguards to protect the security of customer information.
DA: 78 PA: 10 MOZ Rank: 68
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Safeguards Rule | Federal Trade Commission
https://www.ftc.gov/legal-library/browse/rules/safeguards-rule
Rule Summary. The Safeguards Rule requires financial institutions under FTC jurisdiction to have measures in place to keep customer information secure. In addition to developing their own safeguards, companies covered by the Rule are responsible for taking steps to ensure that their affiliates and service providers safeguard customer ...
DA: 27 PA: 39 MOZ Rank: 6
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New publication offers guidance on revised FTC Safeguards Rule
https://www.ftc.gov/business-guidance/blog/2022/05/new-publication-offers-guidance-revised-ftc-safeguards-rule
May 24, 2022. It’s short, to the point, and – as these things go – we think readable. It’s a new publication called FTC Safeguards Rule: What Your Business Needs to Know and it may be the resource you’re looking for to help your company comply with the revised Safeguards Rule.
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Gramm-Leach-Bliley Act | Federal Trade Commission
https://www.ftc.gov/business-guidance/privacy-security/gramm-leach-bliley-act
The FTC Safeguards Rule requires covered companies to develop, implement, and maintain an information security program with administrative, technical, and physical safeguards designed to protect customer information. Are you up on what the revised Rule requires?
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FTC Extends Deadline by Six Months for Compliance with Some …
https://www.ftc.gov/news-events/news/press-releases/2022/11/ftc-extends-deadline-six-months-compliance-some-changes-financial-data-security-rule
Nov 15, 2022 · The deadline for complying with some of the updated requirements of the Safeguards Rule is now June 9, 2023. The Safeguards Rule requires non-banking financial institutions, such as mortgage brokers, motor vehicle dealers, and payday lenders, to develop, implement, and maintain a comprehensive security program to keep their customers ...
DA: 8 PA: 27 MOZ Rank: 5
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FTC Strengthens Security Safeguards for Consumer Financial …
https://www.ftc.gov/news-events/news/press-releases/2021/10/ftc-strengthens-security-safeguards-consumer-financial-information-following-widespread-data
Oct 27, 2021 · FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches. Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses. October 27, 2021.
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Compliance deadline for certain revised FTC Safeguards Rule …
https://www.ftc.gov/business-guidance/blog/2022/11/compliance-deadline-certain-revised-ftc-safeguards-rule-provisions-extended-june-2023
Nov 15, 2022 · Just know that for certain provisions of the updated Rule, the FTC has extended the compliance deadline by six months – to June 9, 2023 – in response to reports of personnel shortages and supply chain issues. Some regulations may have cryptic titles, but you can’t count the FTC Safeguards Rule on that list.
DA: 59 PA: 35 MOZ Rank: 29
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2023 FTC Safeguards Rule Explained and How to Comply | OnPay
https://onpay.com/ledger/ftc-safeguards-rule-explained
Dec 15, 2023 · The Ledger. FTC Safeguards Rule Explained. FTC safeguards rule explained: Accountant's guide to creating a data security plan. Updated: December 15, 2023.
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The FTC’s Strengthened Safeguards Rule and the Evolving ... - Debevoise
https://www.debevoise.com/insights/publications/2021/11/ftc-safeguards-rule-post
Nov 18, 2021 · Last month, the FTC amended the Safeguards Rule (or the “Amended Rule”), a measure designed to protect the consumer data collected by non-bank financial institutions.
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The FTC’s Strengthened Safeguards Rule and the Evolving …
https://www.debevoise.com/-/media/files/insights/publications/2021/11/20211118-ftc-safeguards-rule-blog-post.pdf
November 18, 2021. On October 27, 2021, the Federal Trade Commission (the “FTC”) announced significant updates to the Standards for Safeguarding Customer Information (the “Safeguards Rule” or “Amended Rule”).
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