Ftc Safeguards Rule 2024. Going forward, financial institutions subject to ftc. The ftc's overhauled safeguards rule did not include any breach notification requirement.

Now, as of may 13, 2024, a new breach reporting obligation under the ftc’s glba data security regulations went live. In response to continuing data breaches at entities with lesser regulatory oversight, the ftc has revised its safeguards rule for the second time in many years.