What is the Safeguards Rule?
The Safeguards Rule requires financial institutions under FTC jurisdiction to have measures in place to keep customer information secure. In addition to developing their own safeguards, companies covered by the Rule are responsible for taking steps to ensure that their affiliates and service providers safeguard customer information in their care.
For more information, see here: https://www.ftc.gov/legal-library/browse/rules/safeguards-rule
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