IC University Blog

FTC Adds Financial Institutions to Safeguard Rules

Posted by Thaddeus Evans on Aug 4, 2022 2:07:19 PM

The U.S. Federal Trade Commission (FTC)—a bipartisan federal agency that champions the interests of American consumers—has added certain businesses to the Safeguards Rule, which was designed by the FTC to protect customer information from being shared inappropriately as required by the Gramm-Leach-Bliley Act that has been in force since 1999.

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Topics: Regulatory Compliance, FTC, Safeguard Rule