Ftc Safeguards Rule 2024

Ftc Safeguards Rule 2024. Going forward, financial institutions subject to ftc jurisdiction are now required to report. The ftc safeguards rule contains a new requirement that requires dealers to notify the ftc if.


Ftc Safeguards Rule 2024

On october 27, 2023, the federal trade commission (“ftc”) approved an amendment to the safeguards rule (“amendment”) aimed at enhancing data security. The ftc safeguards rule which was revised in 2021, implemented as part of this act, specifically mandates financial institutions, including cpas who handle consumer data, to secure clients’ sensitive data.

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