U.S. Federal Trade Commission building in Washington, D.C. Photo: Diego M. Radzinschi/ALM FTC Mirrors New York DFS With Potentially Costly Cybersecurity Proposal
The FTC's new proposed safeguard rule change shouldn't be a shock to most financial systems, but some are debating if the suggested medications are too rigid for smaller entities to survive.
July 28, 2020 at 10:00 AM
4 minute read
Taking a page from the New York state Department of Financial Services, the Federal Trade Commission is proposing new cybersecurity requirements to its Gramm-Leach-Bliley Act (GLBA) safeguard rules.
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