New Ftc Safeguards Rule 2024

New Ftc Safeguards Rule 2024. A new federal trade commission staff report that examines the data collection and use practices of major social media and video streaming services shows they engaged in vast. On the ftc side, the commission has authority to seek $10,000 for each violation of the ftc’s final rule, pursuant to section 5(a) of the ftc act, 15 u.s.c.

The finalized amendment was published in the federal register on. Now, as of may 13, 2024, a new breach reporting obligation under the ftc’s glba data security regulations went live.