FTC Safeguards Rule Amendments Playbook

What are they, and how Motility can help.

Federal Trade Commission (FTC) Compliance

In October 2021, the Federal Trade Commission (FTC) announced amendments to the Safeguards Rule. These amendments impact the security measures businesses that are considered non-banking financial institutions should implement for protecting consumer information. Effective June 9, 2023, these amendments impact the security measures that businesses, considered non-banking financial institutions, should implement to protect consumer information.

In this booklet, we’ll provide answers to frequently asked questions around the Safeguards Rule, its impact on dealerships, and what Motility is doing in light of these amendments.