The Federal Trade Commission has developed their Safeguards Rule for one purpose: To set up a guideline on how to interact, store, and use customer information. The FTC enacted the Rule in 2003, but it was heavily amended in 2021 to ensure that it keeps up with the technology used by businesses today. It outlines the policies and procedures that all covered companies need to enact.
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Digital fraud isn't just growing; it has exploded into a massive, highly sophisticated industry. The bad guys are getting incredibly good at mimicking the software we use every single day to run our businesses.
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