United States: FTC Amends Safeguards Rule To Add A Breach Notification Requirement - Duane Morris LLP

United States: FTC Amends Safeguards Rule To Add A Breach Notification Requirement - Duane Morris LLP

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The Federal Trade Commission (FTC) has approved an amendment to the Safeguards Rule that would require nonbanking financial institutions to report any notification events to the agency.

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