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Safeguards Rules

FTC Makes Significant Changes to GLBA Safeguards Rule

The FTC’s final rule released last week amending its Standards for Safeguarding Customer Information (Safeguards Rule) under the Gramm-Leach-Bliley Act (GLBA) will require significant changes in data security policies and procedures to be made by non-bank financial institutions covered by the Safeguards Rule. Such institutions include finance companies, mortgage companies and brokers, motor vehicle dealers,…
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