"The FTC issued a Final Rule on October 27, 2021, amending the Standards for Safeguarding Customer Information, known as 'the Safeguards Rule,' under the Gramm-Leach-Bliley Act (GLBA). The Final Rule requires non-banking financial institutions to develop, implement and maintain a comprehensive security system to keep their customers' information safe. The FTC approved the update by a vote of 3-2."
Read the article (subscription required)
Originally published by Cybersecurity Law Report
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
