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FTC Safeguards Rule Requirements For NJ Car Dealerships: Get A Qualified Individual The Safeguards Rule was introduced in 2003 to ensure that financial institutions under the FTC's jurisdiction maintain safeguards to protect customer information. To keep up with the ever- evolving world of cybersecurity and cyber threats, the Rule was revised in 2021, introducing a new set of requirements. The Rule applies to all financial institutions under the FTC's jurisdiction - and that includes auto dealerships. The easiest way to ensure compliance and avoid penalties is to hire a cybersecurity expert, such as 2Secure Corp. With 2Secure, you get your expert who will ensure your business is in compliance with all other requirements set out by the FTC. This includes conducting regular risk assessments, reporting to the board of directors or senior management, and implementing safeguards to manage risks. As the appointed Qualified Individual, 2Secure will carry out and supervise your car dealership’s information security system. Go to https://www.2secure.biz