WebKey Changes in the Updated FTC Safeguards Rule. Termed the Final Rule, the new set of amendments to the FTC Safeguards Rule becomes effective on June 9, 2024. Here is a reminder of the key changes that you must prioritize, with an emphasis on the protections deemed essential by the FTC as part of a modern information security program that best ... WebKey Changes in the Updated FTC Safeguards Rule. Termed the Final Rule, the new set of amendments to the FTC Safeguards Rule becomes effective on June 9, 2024. Here is a …

FTC

WebThe FTC issued a complex set of new amendments to its Safeguards Rule, which require dealers to undertake a series of procedural, technical, and contractual steps to protect consumer and other personal data. The amended Rule’s requirements had an original deadline of Dec. 9, 2024, but the FTC has extended that until June 9, 2024, for some of ... WebMay 24, 2024 · The Safeguards Rule took effect in 2003, but after public comment, the FTC amended it in 2024 to make sure the Rule keeps pace with current technology. While … tap to download not working 2022

The FTC

WebApr 12, 2024 · The FTC Safeguards Rule Compliance requires that businesses take necessary measures to protect the personal information of their customers. The key provisions of the rule outline what exactly these measures should entail. Firstly, businesses must identify and assess potential risks to customer information by conducting regular … WebNov 1, 2024 · The FTC indicated that the change is intended to bring “finders”—companies that bring together buyers and sellers of a product or service—within the scope of the new Safeguards Rule. The FTC reasoned that finders often collect and maintain very sensitive consumer financial information, and that expanding the definition of financial ... WebDec 2, 2024 · When the Federal Trade Commission (FTC) proposed to revise the Safeguards Rule (the Rule) in 2024, EDUCAUSE joined with the American Council on … tap to download imessage not working