Federal Trade Commission (FTC) Safeguards Rule
The Federal Trade Commission’s Standards for Safeguarding Customer Information, commonly known as the Safeguards Rule, is a comprehensive set of regulations designed to protect sensitive customer data from data loss and cybertheft. This rule applies to financial institutions and companies that collect and maintain personal information from consumers. In particular, organizations subject to the Gramm-Leach-Bliley Act (GLBA), including banks, credit unions, securities firms, and other financial institutions, must comply with the Safeguards Rule.
This rule focuses on developing, implementing, and maintaining a documented information security program that assesses risks, designs safeguards, and monitors the effectiveness of security measures. Covered entities must also provide employee training, conduct regular security assessments, and ensure third-party service providers adhere to these security standards. The goal is to ensure the confidentiality and integrity of customer data and protect it from unauthorized access or misuse.
Federal Trade Commission (FTC) Safeguards Rule
The FTC Safeguards Rule is a regulation that requires certain financial institutions to develop and implement a comprehensive information security program to protect customer information. The Safeguards Rule applies to financial institutions that are subject to the Gramm-Leach-Bliley Act, which includes banks, credit unions, securities firms, and other financial institutions.
Here are the areas where we can help you in complying with the FTC Safeguards Rule:
- Understanding the requirements of the rule
- Implementing appropriate security measures
- Testing and monitoring your security controls
- Documenting your compliance efforts
Comprehensive solutions and services to meet any and all of your
security needs, including:
Security Assessments
Comprehensive, ongoing evaluations of your business and IT environment allow us to identify and minimize your risks
Email Security
Comprehensive, ongoing evaluations of your business and IT environment allow us to identify and minimize your risks
Backup & Disaster
Recovery
Comprehensive, ongoing evaluations of your business and IT environment allow us to identify and minimize your risks
Dark Web Monitoring
Proactive scanning, real-time alerts, and other intelligence capabilities help stop your private information from being exploited
User Training
Up to date, practical knowledge and skills help your staff use technology safely and eliminate threats
24/7 Network Monitoring
Advanced firewalls, strict user access controls, 24/7 intrusion monitoring and prevention, and more to protect you at the perimeter