Pavia Beverlee

Ftc Safeguards Rule 2024 Regulations. A pivotal aspect of the federal trade commission's recent amendment to the safeguards rule is establishing a rigorous new requirement for financial institutions to report. Failure to comply with the safeguards rule may result in regulatory action and penalties imposed by the ftc.

The final rule amends the ftc’s standards for safeguarding customer information (“safeguards rule”), which was last amended in december 2021. What’s covered by the infosec program and what are the.