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NADA: Important NEW FTC Safeguards Rule obligation - Dealers must report “Notification Events”
The FTC Safeguards Rule contains a new requirement that requires dealers to notify the FTC if certain security events that could affect consumer data occur in dealer systems or third-party systems containing dealer data. NADA has updated its Driven Guide, A Dealer Guide to the FTC Safeguards Rule (L43), to include details about the new requirements.
