by Dawn Shuler | Oct 27, 2023 | Compliance, FTC Safeguards Rule, Red Flags Rule, Training
Is Your Organization in Compliance With the Red Flags Rule? In 2011, the FTC began enforcing its FACT Act Red Flags Rule, which requires each financial institution or creditor to implement a written program to detect, prevent, and mitigate identity theft. In order to...
by Steve Medellin | Oct 26, 2023 | Compliance, FTC Safeguards Rule, Qualified Individual (QI)
Why You Need a Safeguards Rule Qualified Individual (QI) Any organization that collects financial data from their clients needs a Qualified Individual (QI) to meet the recently enforced FTC Standards for Safeguarding Customer Information regulation, better known as...
by Shawn Duffy | Mar 23, 2023 | Blog, Compliance, Featured, FTC Safeguards Rule
The Federal Trade Commission (FTC) updated GLBA in 2003 with the first Safeguards Rule. Those requirements were updated again in 2021 and now must be met by June of this year. This means time is running out, and we need to get a plan in place. As a FTC Safeguards Rule...
