New publication affords steerage on revised FTC Safeguards Rule

It’s quick, to the purpose, and – as this stuff go – we predict readable. It’s a brand new publication known as FTC Safeguards Rule: What Your Enterprise Must Know and it could be the useful resource you’re in search of to assist your organization adjust to the revised Safeguards Rule.

After asking for public feedback, internet hosting a nationwide discussion board, and reviewing what customers and companies needed to say, the FTC revised its Requirements for Safeguarding Buyer Info – higher often known as the Safeguards Rule – in December 2021. The Rule requires monetary establishments inside the FTC’s jurisdiction to have measures in place to maintain buyer data safe.

Are you coated by the Safeguards Rule? The Rule’s definition of “monetary establishment” is broader that you could be assume. FTC Safeguards Rule: What Your Enterprise Must Know walks you thru the evaluation to assist make that willpower.

Did you create an data safety program again within the day, however haven’t dusted if off shortly? The brand new publication serves as a reminder of your accountability to revisit your program commonly to ensure it’s in line with your present enterprise practices and rising safety dangers.

Have you ever up to date your program to mirror revisions to the Rule, which took impact in January 2022? The information makes use of a to-the-point Q&A strategy to handle the questions you might have.