1 year ago

The FTC’s Standards for Safeguarding Customer Information (Safeguards Rule) first became law in 2003. Late last year, these standards were finally updated to suit the modern threat landscape, and on the 9th of December 2022, compliance with the revised Safeguards Rule is expected to become mandatory.

Under the FTC Safeguards Rule, a “Qualified Individual” is an official title for a person overseeing the implementation of a customer information security program.

https://www.upguard.com/blog/phishing>According to the FTC Safeguards rule, any record containing nonpublic personal information is classified as customer information.

While this effort could elevate your security posture to a level reflective of an exemplary customer data security standard, it’s a point-in-time approach that doesn’t ensure ongoing FTC safeguards rule compliance.