FTC Amends Safeguards Rule

FTC Amends Safeguards Rule

In October 2023, the FTC issued a press release noting a final amendment to the Safeguards Rule “that would require non-banking institutions to report certain data breaches and other security events to the agency.” In November 2021, the FTC issued a final...
FTC Amends Safeguards Rule

CDIA Comments on FTC Breach Notice Proposal

In November 2021, the FTC issued a final rule updating the Safeguards Rule.  The FTC issued a supplemental notice of proposed rulemaking announcing that it was “seeking comment on whether to make an additional change to the Safeguards Rule to require financial...
FTC Amends Safeguards Rule

FTC and the Safeguards Rule

On March 2, 2020, the FTC announced its intention to hold a public workshop “seeking research, testimony, and other input on the proposed changes to the Safeguards Rule (16 CFR Part 314) under the Gramm-Leach-Bliley Act.” This virtual workshop will be online on July...

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