What Is FTC Safeguards Rule Compliance?

FTC Safeguards Rule featured

The protection of consumer information is one of the major concerns of the businesses involved in nearly any sector of the economy, particularly financial institutions. The Federal Trade Commission (FTC) Safeguards Rule is a critical requirement for these organizations. It provides specific requirements for certain financial institutions, including a plan for ensuring compliance with the regulation, identified challenges in meeting the rules, and a process to audit for compliance.


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