FTC Safeguards Rule: What Your Business Needs to Know

From the Federal Trade Commission… As the name suggests, the purpose of the Federal Trade Commission’s Standards for Safeguarding Customer Information – the Safeguards Rule, for short – is to ensure that entities covered by the Rule maintain safeguards to protect the security of customer information. The Safeguards Rule took effect in 2003, but after public comment, the…

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Mark Sheffield: Dealers Should Know Their Ground Truth

Normally you see a problem coming at you, but COVID-19 swooped in from the periphery and it’s catching many dealers unprepared. Scientists have long predicted a global pandemic, but like most other agencies, they had to make do with the funding they were given. There’s only so much money to go around. Mixed messaging from…

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