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FTC Standards for Safeguarding Customer Information (16 CFR Part 314)

Authentic statutory obligations decomposed into atomic machine-actionable conditions, actions, and verification standards.

Official Legal Text
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Approved

Obligation Control 1: Covered financial institutions shall implement multi-factor authentication for any individ

Covered financial institutions shall implement multi-factor authentication for any individual accessing customer information. Encrypt all customer information at rest and in transit across external networks. Develop, implement, and maintain a written incident response plan designed to promptly respond to, and recover from, any security event materially affecting customer information.

Required Actions & Enforcement

Action Type:VERIFY_POLICY_ENFORCEMENT

Trigger Conditions (AST Logic)OP: AND

statutory.clause_1.verifiedEQUALStrue