FTC safeguards | Film Row, OK

Expect Results as Your FTC Safeguards Consulting Company

With technology comes the need to employ safety measures, which is why you need an FTC safeguards consulting company to ensure that you continue to meet the rules set under the Federal Trade Commission's Standards for Safeguarding Customer Information, or Safeguards Rule, as it is more commonly known. As an FTC safeguards consultant, we work closely with our clients to ensure their needs are met, and their clients and data are safe. If you are wondering where you stand, turn to us for FTC safeguards rule implementation.

What is the FTC Safeguards Rule?

Though the rule has been in place since 2003, it was updated in 2021 as a way to keep up with changing technology. It provides businesses with specific strategies they need to take related to core data security principles. Recent updates to the rule put in place a variety of factors that aim to protect data and information.

Now more companies than ever fall under what the FTC calls a Financial Institution (and that could be anyone from a car dealership to a company that provides accounting services). That means that any company that falls under this qualification must follow very specific compliance standards.

Companies that fail to do so are at risk of having to pay costly fines, some fines may be over $46,000 per violation, and could face civil lawsuits as well. Because there is so much at risk, companies need to be proactive and work with specialized providers who can minimize their risks. Our team can do that for you as your FTC safeguards consultant.

Turning to a Qualified Individual

Any organization that is considered a financial institution under the latest laws must develop, implement, and maintain a written information security program. That must be done by a qualified individual. This person is responsible for the following:

• Overseeing the program
• The implementation of the program
• The enforcement of the program

This helps to ensure that there is ample protection in place to protect companies from risks. Our team can help you to do this.

Get a Risk Assessment Completed Now

One core component of this new rule is to have a risk assessment completed, which is also something our team can offer to you as a component of our services. A risk assessment has the specific goal of identifying any potential risks from internal or external threats. This includes threats as they relate to:

• Security
• Confidentiality matters
• Integrity of customer information
• Additional Services We Provide

The FTC rules are numerous and include multiple steps companies must take to ensure ample security is in place. Core areas of this include:

• Risk assessment
• Safeguards testing
• Information safeguards
• Personnel training

All of these components must work together to create the safest possible operation for a company. Yet, the process is complex and requires multiple steps to ensure the best long-term outcome. As an FTC safeguards consulting company, we can deploy solutions that address your specific needs, minimizing risk and creating a better future for your business that meets all compliance requirements. When you empower your team, you can breathe easily throughout this process.

Put Our Professionals to Work for You

EMSCO Solution offers the FTC safeguards consultant you need to remain in compliance and to create the protection your company needs. Turn to our FTC safeguards consulting company in Film Row, OK to get the comprehensive help you need. We can help you with all aspects of FTC Safeguards rule implementation.

Contact Our Experts Today!