10 Critical Components of Your FTC Safeguards WISP
Your FTC Safeguards WISP is the most critical component of Safeguards compliance. In today’s digital landscape, data breaches and cyber threats are becoming increasingly sophisticated, making data security a top priority for businesses of all sizes. If your business handles sensitive consumer information, compliance with the Federal Trade Commission (FTC) Safeguards Rule is essential. A […]
5 Critical in the FTC Safeguards Rule You Must Know for 2025
The FTC Safeguards Rule is seeing some significant changes coming into effect in 2025. Designed to strengthen data security practices and protect consumer information, these updates are essential for businesses handling sensitive data, especially small and midsize enterprises (SMEs). In this blog, we’ll discuss the five most critical updates, their implications, and how your business […]
5 Surprising Challenges Businesses Face When Implementing FTC Safeguards
The Federal Trade Commission (FTC) Safeguards Rule, a cornerstone of the Gramm-Leach-Bliley Act (GLBA), mandates that financial institutions implement measures to protect customer information. In today’s digital landscape, where data breaches are alarmingly frequent, complying with this rule is essential for businesses to avoid penalties and preserve trust with their customers. However, implementing FTC Safeguards […]
FTC Safeguards Readiness, How compliant is your business?
Staying on top of regulations can be overwhelming for a small business owner. One area rapidly gaining attention is compliance with the Federal Trade Commission’s (FTC) Safeguards Rule. If your business collects, processes, or stores consumer information, you’re on the hook for protecting that data—non-compliance isn’t just a regulatory headache; it’s a potential business killer. […]
A Comprehensive Guide for Business Compliance with FTC Safeguards Rules
Introduction: The Federal Trade Commission (FTC) Safeguards Rule is a critical regulation that all financial institutions must follow to ensure customer information remains secure. Originally issued as part of the Gramm-Leach-Bliley Act (GLBA) in 2002, this rule requires businesses to implement specific security measures to protect customer data. In 2021, the FTC updated the Safeguards […]