FTC Proposes adding Detailed Cybersecurity Requirements to Safeguards Rule

Cybersecurity Requirements to Safeguards Rule

On March 5, 2019 the Federal Trade Commission (“FTC”) published requests for comment on proposed amendments to two key rules under the Gramm-Leach-Bliley Act (“GLBA”).  Most significantly, the FTC proposes to add more detailed cybersecurity requirements to the Safeguards Rule. The rule governs the information security programs financial institutions must implement to protect customer data. […]

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