The FTC Safeguards Rule applies to a broader range of businesses than most people realize. If your company handles customer financial information — and that includes auto dealers, mortgage brokers, tax preparers, accountants, and insurance agents — you're required to develop, implement, and maintain a comprehensive information security program. DenaliTEK helps Alaska businesses meet those requirements.
The updated FTC Safeguards Rule (effective June 2023) requires covered financial institutions to designate a qualified individual to oversee their information security program, conduct risk assessments, implement specific safeguards (including encryption, access controls, and multi-factor authentication), and regularly test and monitor those safeguards.
For many Alaska businesses, this is a significant operational shift — particularly smaller firms that have historically managed security informally.
We conduct comprehensive risk assessments that identify how customer financial information flows through your organization and where protections are needed.
Regular scanning and remediation to identify and fix security weaknesses before they become compliance failures.
Implementation of the encryption, MFA, and access control requirements specified in the updated rule.
End-to-end encryption of customer financial information at rest and in transit.
FTC Safeguards-specific training that covers data handling procedures, security practices, and incident reporting requirements.
Whether you're an accounting firm in Midtown, an auto dealership on Old Seward, or an insurance agency in the Valley, the FTC Safeguards Rule applies to you. DenaliTEK makes compliance achievable without disrupting your operations.