FTC Safeguards Rule Readiness for Financial Institutions

Protect customer financial information. Meet updated FTC requirements. Build a comprehensive information security program.

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Why the Safeguards Rule Matters

The FTC’s amended Safeguards Rule imposes comprehensive information security requirements on financial institutions. The 2021 amendments (effective June 2023) introduced specific technical controls, qualified individual requirements, and board reporting obligations that demand a structured security program.

Meet Regulatory Requirements

The Safeguards Rule applies to financial institutions under FTC jurisdiction, including mortgage brokers, motor vehicle dealers, payday lenders, tax preparers, and other non-banking financial entities.

Protect Customer Information

The amended rule requires comprehensive security programs with specific technical controls including encryption, MFA, access controls, and incident response capabilities.

Avoid FTC Enforcement

The FTC actively enforces the Safeguards Rule with consent orders and penalties. Non-compliance creates significant financial and operational exposure for covered institutions.

Demonstrate Security Maturity

A Safeguards-compliant program demonstrates security maturity to partners, customers, and regulators — differentiating your institution in a competitive market.

How We Help

Four service packages designed to meet you where you are in your compliance journey.

Ready to Get Started?

Whether you’re building an information security program from scratch or updating existing practices for the amended rule, we can help you designate a qualified individual, implement required controls, and demonstrate compliance.

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