IT Services for Financial Institutions

Stay Ahead of Government Requirements 

In this rapidly changing landscape of government regulations, it's crucial to stay ahead of the curve. The Federal Trade Commission's Safeguards Rule mandates that businesses maintain the highest security of customer information. Don't let the constant changes in government regulations weigh down your business. The Safeguards Rule requires attention to detail, but you don't have to handle it alone. Our expert team is here to help alleviate your burden and ensure that you stay ahead of any changes. 

 basic requirements of the Safeguard Rule

• Designate a qualified individual to oversee their information security program;
• Develop and conduct a written risk assessment;
• Design and implement safeguards to control the risks identified through your risk assessment (which includes 8 additional requirements to meet);
• Encrypt customer information in transit and at rest (or use alternative compensation controls where encryption is infeasible);
• Develop an incident response plan;
• Adopt secure development practices for in-house developed software and processes for assessing the security of externally developed applications;
• Periodically assess the security practices of service providers; and
• Implement multi-factor authentication or another method with equivalent protection for any individual accessing customer information.

Take the burden off your staff and let our local team support your business!