City skyline at sunset with tall skyscrapers and orange clouds in the sky.

FTC Safeguards Rule

FTC Safeguards Rule compliance for financial institutions and auto dealers — WISP development, qualified individual designation, risk assessments, continuous monitoring, and enforcement-ready documentation.

FTC Safeguards Rule — Compliance That Holds Up to Enforcement

The FTC's revised Safeguards Rule took full effect in 2023 with significantly expanded requirements. Non-bank financial institutions — including mortgage brokers, payday lenders, auto dealers, and tax preparers — now face specific, prescriptive cybersecurity obligations. The FTC has made clear it will enforce. Principle Security builds programs that satisfy the rule's requirements and stand up to scrutiny.

Two people in business suits shaking hands, one wearing a watch and the other holding a tablet.

What the Revised Rule Requires

Written Information Security Program

Develop a complete, rule-compliant WISP tailored to your organization's size, complexity, and the sensitivity of customer financial information you handle.

Qualified Individual Designation

Advise on Qualified Individual selection, document the designation, and provide vCISO services to organizations that need an external QI.

Risk Assessment & Controls

Conduct the formal risk assessment required by the rule, identify gaps in your current controls, and implement the safeguards the rule prescribes.

Continuous Monitoring Program

Design and implement the monitoring and testing program required by the rule, including periodic penetration testing and vulnerability assessments.

Incident Response Planning

Build an incident response plan that satisfies the rule's requirements and addresses the FTC's breach notification expectations.

Still undecided?

Drive your business forward with our consulting and advisory services

In a fast-moving market, Principle Security brings the expertise and solutions that keep you ahead of the curve.We focus on execution, not theory—building security and infrastructure that actually supports your business goals.

Get Started

Long-exposure photo of city street at night with red and white light trails from moving vehicles against lit office buildings.

Testimonials

Join the success stories

"Principle Security was instrumental in guiding us through our recent infrastructure and cybersecurity initiatives. Their partnership was reliable, professional, and results‑driven, which is why we continue to engage them whenever new opportunities arise."

Marcin W.

IT and Security Director

Industrial and Manufacturing Technology

“Their team helped us prioritize risk without overwhelming us with jargon or checklists. Practical guidance that actually moved the needle.”

Jonathan B.

Information Security Manager

Community Credit Union

"They stepped in during a critical project and brought stability fast—tight execution, clear communication, and zero babysitting required."

Karen S.

VP of Technology

Mid-Sized SaaS Provider

“With their managed services handling patching, backups, and detection, our internal team finally has room to focus. Reliable, low-noise, and effective.”

Dave M.

Head of IT

Manufacturing Company

“We didn’t need a full-time CISO—we needed experience and flexibility. Their fractional leadership model gave us exactly that.”

Emma R.

COO

“Our compliance program was scattered. They brought structure, clarity, and got us aligned with FFIEC and NIST—finally audit-ready and confident.”

Michael S.

VP of Risk & Compliance

About us

Passionate about driving business success

Principle Security helps organizations solve real problems with strategic insight and technical expertise.We don’t chase buzzwords—we drive outcomes. With decades of experience, our team brings deep knowledge in cybersecurity, infrastructure, and advisory services to build what works, fix what’s broken, and scale what matters.

Integrity

We maintain the highest ethical standards in all our interactions.

Innovation

We embrace cutting-edge solutions to keep our clients ahead of the curve.

Client-Centric

We prioritize our clients' needs and tailor our services to meet their unique challenges.

Collaboration

We believe in the power of teamwork and partnership to achieve outstanding results.

Want to know more?

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.