FTC SAFEGUARDS RULE: WHAT AUTOMOTIVE DEALERSHIPS NEED TO KNOW IN 2025
The Federal Trade Commission’s Standards for Safeguarding Customer Information — commonly known as the FTC Safeguards Rule — applies to financial institutions as defined under the Gramm-Leach-Bliley Act (GLBA). For automotive dealerships, this means any business that extends credit, arranges financing, or handles customer nonpublic personal information (NPI) is likely subject to these requirements. Why […]