FTC Safeguards – Sector Guide
FTC Safeguards Compliance for Financial Service Providers
If you handle consumer financial data and are not a bank, you may still be covered under the FTC Safeguards Rule—depending on your services and data flows.
Key angle
- Non-bank providers can still be covered financial institutions
- Coverage often depends on consumer financial data handled and shared
- Regulators expect risk-based programs—not generic policies
Sector-specific risks
- Payment processors and specialty finance firms
- Financial consultants and credit services
- Platforms handling consumer financial profiles
- Vendors that store, process, or transmit nonpublic personal information
WISP emphasis
- Risk assessments tied to business operations
- Scalable administrative/technical/physical controls
- Vendor oversight and due diligence workflows
- Examiner-ready documentation and evidence expectations
Not sure if the FTC Safeguards Rule applies to you? We’ll help you determine exposure, confirm scope, and build a defensible program.