Governance, risk & compliance

FTC Safeguards Rule 2023

IndustryUSA

FTC Standards for Safeguarding Customer Information (16 CFR 314), revised 2023.

Applies to non-bank financial institutions including auto dealerships, mortgage brokers, payday lenders, tax preparers, real estate appraisers, and travel agencies arranging financing. Requires a comprehensive information security program with a qualified individual, risk assessment, access controls, encryption, MFA, change management, and incident response.

Official reference: https://www.ftc.gov/legal-library/browse/rules/safeguards-rule

How Lavawall® helps you get to FTC Safeguards Rule compliance

Most of FTC Safeguards Rule comes down to technical controls you have to run and prove: keeping systems patched, hardening configuration, detecting breaches early, backing up what matters, controlling access, and keeping evidence that all of it actually happened. Lavawall® runs those controls across Windows, macOS, Linux, and Microsoft 365 / Google Workspace from one console, maps them to FTC Safeguards Rule, and tracks your posture continuously instead of once a year at audit time.

• Assess your current state against FTC Safeguards Rule in the Lavawall GRC module, with the questionnaire and control set built in.
• Remediate the gaps with the same platform — automated patching, configuration fixes, backups, and access review — not a separate project.
• Evidence everything with timestamped, exportable records auditors, insurers, and clients accept.

Related

Lavawall® supports FTC Safeguards Rule as part of a built-in catalogue of compliance frameworks. Framework requirements are summarized for planning purposes; always confirm the current official text before certifying.