FTC Safeguards Rule For Accountants: Require Reporting To the Board of Directors
Report the overall status of the information security program and your compliance with the Safeguards Rule One of the key requirements of the FTC Safeguards Rule is that accounts must receive, at least annually, reports on the current status of their information security program (ISP). The report should be reporting internal risks, like employees, contractors, […]
Top 10 Mistakes to Avoid When Implementing the 2023 FTC Safeguards Rule
Make this easy with our comprehensive guide – Accountant Compliance Made Easy: 2023 FTC Safeguards Rule. As accountants prepare for the 2023 update to the FTC Safeguards Rule, it’s essential to be aware of the potential pitfalls and mistakes that can occur during implementation. Failure to comply with the new requirements can result in significant […]
Understanding FTC Safeguards Rule Cyber Security Compliance for Non-Technical People
Download the comprehensive guide Accountant Compliance Made Easy: FTC Safeguards Rules for 2023. Introduction to 2023 FTC Safeguards Rule: The internet has made it possible for businesses to reach new heights of success. However, with this advantage comes the challenge of cyber threats that target sensitive customer information. The Federal Trade Commission (FTC) Safeguards Rule […]
FTC Checklist for Accountants: Evaluate and Adjust Your ISP
To make it easy: Accountant Compliance Made Easy: FTC Safeguards Rule Checklist In today’s digital age, protecting sensitive customer information is of utmost importance. The Federal Trade Commission (FTC) Safeguards Rule outlines standards for companies to follow in safeguarding consumer information. One of the key requirements of the Safeguards Rule is to evaluate and adjust […]
Ways for Accountants to Regularly Monitor and Test the Information Security Program (ISP)
Get the complete guide on Accountant Compliance Made Easy: FTC Safeguards Checklist The Federal Trade Commission (FTC) Safeguards Rule requires that businesses establish and maintain an information security program (ISP) to protect sensitive customer information. This means that accountants, who often handle sensitive financial information, must be diligent in monitoring and testing their ISP to […]
FTC Safeguards Risk Assessment for Accountants
What is a FTC Safeguards Risk Assessment? A risk assessment is the process of identifying and assessing the risks to customer information in your possession. It involves reviewing the types of customer information you collect, how you collect it, how you use it, how you store it, and how you dispose of it. The goal […]
Accountant FTC Safeguards Rule: Tips for Designing and Implementing Safeguards
As an accountant, it’s your responsibility to protect your customers’ personal information from unauthorized access, use, or disclosure. The FTC Safeguards Rule requires businesses to identify and assess the risks to customer information in their possession and to design and implement safeguards to control those risks. In this blog post, we’ll explore what it means […]
FTC Safeguards Rule – How to Choose a Qualified Professional
Intro to Choosing a Qualified Professional With the 2023 FTC Safeguards Rule one of the new requirements is to designate a qualified professional to handle everything related to the ISP (Information Security Program). We will explore how to qualify, and choose the right person / organization to do the job. As a accountant you must […]
Accountants and the FTC Safeguards Rule [2023 Full Guide]
Forward: If this becomes overwhelming, we have a free definitive guide for accountants to comply with the new 2023 FTC Safeguards Rule You can download here: As an accountant, it is essential to comply with the Federal Trade Commission’s (FTC) Safeguards Rule. The Safeguards Rule is making all accountants follow new regulations and create / […]
