Safeguard FTC Compliance Services

Put cyber safeguards in place today to protect your organization’s infrastructure today with the Technology Response Team.

According to Fortune, there was a 105% surge in ransomware attacks last year, which is bad for businesses of all sizes. Between insurance companies lobbying for more requirements and payouts being just too expensive, cybersecurity will become less and less optional. Continue reading below to see how the Technology Response Team can provide reliable Safeguard FTC compliance services for your business or organization.

The Technology Response Team’s Industry-Leading Safeguard FTC Compliance Services

ISO 27001 certification is an international standard that outlines the requirements for an information security management system (ISMS). The certification specifies a set of best practices and controls for managing and protecting sensitive information for companies, employees, and clients.

The Technology Response Team’s Industry-Leading Safeguard FTC Compliance Services

No matter what industry you’re in, Technology Response Team is here to help your business or organization to comply with all Safeguard FTC rules. Even if you aren’t required to be compliant yet, sooner or later, you’ll need to put safeguards in place to maintain your insurance.

Did you know auto dealerships are dealing with some of the strictest information security standards their industry has ever faced because of a recent update? Whether you need expertise on compliance with car dealerships or help in other sectors, the Technology Response Team is your go-to option.

What Is Safeguard FTC Compliance?

The Federal Trade Commission (FTC) has several rules and guidelines that businesses must follow to ensure compliance with consumer protection laws, like the Safeguards Rule. The FTC Safeguard Rules apply to a financial organization’s information technology systems and practices, which must have appropriate security measures in place to protect their customers’ personal information. Compliance can require implementing specific technical and organizational measures to protect personal information and regularly reviewing and updating these measures to ensure they remain effective .

Don’t wait longer to push off auditing your IT practices. Give the TRT a call today to become safeguard FTC compliant.

Dangers of Avoiding FTC Safeguard Rules and Compliance

Failure to comply with FTC Safeguard rules results in negative consequences for a company. The FTC may bring enforcement actions against non-compliant companies, like fines and legal penalties. Also, a company’s reputation may suffer, leading to a loss of consumers worried that it does not take data privacy and security seriously. Then there is the significant legal liability, as a violating company may be required to implement costly remediation measures to come into compliance.

The Safeguard FTC Compliance Process at TRT

IT experts like TRT can help with the audit process, which typically involves the following steps:

Identification

The first step is to identify the regulations that apply to the company's business practices. TRT works with your IT staff in reviewing the FTC's guidelines and seeking guidance from legal counsel.

Assessment

Once the applicable standards have been identified, TRT assesses your current business practices to determine whether you comply with regulations.

Documentation

The Technology Response Team will work with your staff to document compliance efforts, including any assessments and mitigation measures, to demonstrate that the company is taking its obligations seriously.

Training

To ensure that all employees are aware of the company's compliance obligations, it is essential they understand relevant regulations, policies, and procedures. This may include training on data privacy, consumer protection, and fair business practices following TRT’s audit process.

Schedule Your CMMC 2.0 Compliance Audit Today

Choose Safeguard FTC Compliance Services Today at the Technology Response Team

By partnering with the Technology Response Team, you have the luxury of working with staff knowledgeable across various industries, at a lower cost than our competitors. We understand that FTC safeguard rules are becoming more and more complex in the world of IT, which is why we’re here to handle the compliance process for you. Reach out to our staff today for the best safeguards for your organization.