New blog post from TPx, ACA’s Safeguards Rule security partner of choice, breaks down who needs to comply with the rule—and how.
02/07/2023 3:00 P.M.
1 minute read
A new blog post on ACA International’s Safeguards Rule Resource Center highlights which requirements apply to your company when it comes to meeting the rule’s June 2023 compliance deadline.
“Built into the Safeguards Rule is an important exemption for financial institutions that hold data for less than 5,000 customers,” writes TPx, ACA’s Safeguards Rule security partner of choice. “It’s important to note that your company must have less than 5,000 customers in total, not annually. At any point, if your organization exceeds 5,000 customer records, you no longer receive an exemption from the Safeguards Rule.”
ACA’s Safeguards Rule Resource Center provides multiple resources and compliance tools for members.
Read the text of the amended rule as well as articles breaking down compliance with it, listen to related recordings of ACA’s members-only ACA Huddle and access new education offerings on our Safeguards Rule Resource Center.
Read the blog post on the Safeguards Rule Resource Center.
If you have executive leadership updates or other member news to share with ACA, contact our communications department at [email protected]. View our publications page for more information and our news submission guidelines here.