The Federal Trade Commission is asking for public comment on its Safeguards Rule as the agency reviews its rules and guidelines. The Safeguards Rule requires financial institutions to create and maintain comprehensive information security programs for handling customer data. “The FTC seeks comments on a number of questions, including the economic impact and benefits of the Rule; possible conflict between the Rule and state, local or other federal laws or regulations; and the effect on the Rule of any technological, economic or other industry changes,” the agency’s announcement said. In another blog post, FTC Chief Technologist Lorrie Cranor, CIPT, previews the agency’s “Putting Disclosures to the Test workshop.” The event will cover topics including measuring disclosure effectiveness and whether consumers actually pay attention to a disclosure.
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