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News/Cyber & AI/FTC Amends GLBA Safeguards Rule to Require Reporting of Certain Data Breaches
Expert Opinion·Cyber & AI Brief

FTC Amends GLBA Safeguards Rule to Require Reporting of Certain Data Breaches

Squire Patton Boggs – The FTC has approved an amendment to the Safeguards Rule promulgated under the federal Gramm-Leach-Bliley Act requiring non-bank financial institutions subject to the FTC’s jurisdiction to report to the FTC data breaches affecting 500 or more people.

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