The Federal Trade Commission (FTC) Safeguards Rule is a set of regulations that require financial institutions to protect the security of customer information. The rule was revised, and certain revisions took effect on June 9, 2023, to reflect the changing…
In today’s digital age, protecting sensitive consumer information is paramount. With cybersecurity threats on the rise, businesses must ensure the safety and privacy of their customers’ data. The Federal Trade Commission (FTC) Safeguards Rule plays a crucial role in safeguarding…
