FTC orders non-bank financial firms to report breaches in 30 days
October 30, 2023 at 04:01PM The U.S. Federal Trade Commission (FTC) has amended the Safeguards Rules to require non-banking financial institutions, such as mortgage brokers and investment firms, to report data breaches within 30 days. The goal is to enhance data security and protect customer information. Companies must disclose incidents impacting 500 or more consumers, … Read more