Are you a financial institution that’s struggling to understand the FTC Safeguards Rule compliance standards?
Protecting Your Consumer’s Personal Information in the Financial Institution is Crucial for Your Firm’s Success
According to a new regulation mandated by the Government on June 9th, 2023, all financial institutions are required to implement a strong security plan that protects their consumers information from being stolen or compromised by cybercriminals.
What Businesses Does This Government Mandate Affect?
For accounting firms, compliance with the FTC Safeguards Rule is not just a regulatory requirement; it’s a crucial step in ensuring the security of sensitive customer information. Let’s break down what this means for your practice:
