The FTC Safeguards Rule requires financial institutions to guarantee protection of sensitive customer data The FTC Safeguards Rule mandates that “financial institutions” should create comprehensive information security frameworks that ensure the protection of client data, specifically any “non-public personal information” (NPI), a subset of PII. This encompasses any private or personal information which a consumer provides...
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Nik Hewitt
Source: Security Boulevard
Source Link: https://securityboulevard.com/2023/10/understanding-the-ftc-safeguards-rule/