Compliance with the FTC Safeguards Rule is not a one-time event but an ongoing process. Here is a detailed six-month guide to help your business comply with the rule.

The Federal Trade Commission's Standards for Safeguarding Customer Information, commonly known as the FTC Safeguards Rule, is designed to ensure that entities covered by the Rule maintain safeguards to protect the security of customer information.

To determine if your business falls under the coverage of the Safeguards Rule, it's important to note that the definition of "financial institution" is broader than its colloquial usage.