Ftc Safeguards Rule 2024 Rule

Ftc Safeguards Rule 2024 Rule. The new amendments to the safeguards rule require a financial institution to submit a notice to the ftc of any unauthorized acquisition of unencrypted customer data, referred to as a “notification event,” that involves 500 or more. Federal trade commission (ftc) on oct.


Ftc Safeguards Rule 2024 Rule

The safeguards rule requires covered financial institutions to develop, implement, and maintain an information security program with administrative, technical, and physical safeguards designed to protect customer information. On may 14, the ftc published a business blog post announcing the safeguards rule, an amendment to the glba, is in effect as of may 13.

Ftc Safeguards Rule 2024 Rule Images References :