Is your CPA, Accounting Firm, and Business ready for the June 9th deadline?
The FTC Safeguards Rule is a set of regulations that requires financial institutions to protect customer information from unauthorized access, use, or disclosure. The rule applies to accounting firms, mortgage lenders, payday lenders, and other businesses that provide financial services. The rule also covers finders, companies that bring together buyers and sellers of financial products or services.
The deadline is June 9th, 2023. If you have any questions, contact us or book a free consultation (http://esudo.com/booking).
The FTC Safeguards Rule requires financial institutions to develop and implement a written information security program appropriate to the Business’s size and complexity, the nature and scope of activities, and the sensitivity of the information at issue. The program must include administrative, technical, and physical safeguards to protect customer information.
The FTC Safeguards Rule specifies nine elements that must be included in the information security program:
- Designate one or more employees to coordinate the program.
- Identify reasonably foreseeable internal and external risks to customer information and assess the sufficiency of existing safeguards.
- Design and implement safeguards to control the identified risks and regularly test or monitor their effectiveness.
- Oversee service providers by selecting and retaining only those that can maintain appropriate safeguards for customer information and requiring them by contract to implement and maintain such safeguards.
- Evaluate and adjust the program in light of relevant circumstances, such as changes in business operations or testing and monitoring results.
- Implement encryption for customer data at rest and in transit.
- Implement multi-factor authentication for any individual accessing customer data.
- Implement access controls based on the principle of least privilege, meaning that access to customer data is limited to only those employees who need it for their job functions.
- Implement a written information security plan (WISP) as part of your PTIN renewal. The WISP outlines how customer data will be used, stored, and shared, as well as procedures for responding to security incidents or breaches when they occur.
The FTC Safeguards Rule aims to ensure that financial institutions maintain safeguards to protect the security of customer information and prevent identity theft, fraud, and other harm. Contact us at 408-216-5800 or get started Today.
You may also like to take a look at some of these great resources:
Law Firms’ IT Services Frequently Asked Questions (FAQs)
A defined sprint that implements MFA, encryption, email security, backups, device management, and policy templates, plus a readiness checklist and user training.
We guarantee that the managed path to your core legal apps is available 99.9% of the time each month. This includes identity and MFA, the devices we manage, secure DNS and internet connectivity, Microsoft 365 sign-in and email flow, as well as connectivity to Clio, MyCase, and NetDocuments. If a third-party platform has its own outage, we don’t control their uptime—but we immediately execute our vendor-assist and workarounds: open a ticket with the vendor, track their status page, keep you updated, and use documented continuity steps (e.g., alternate e-filing portals, queued email, or local/SharePoint access until service recovers). Upstream vendors publish and measure their own availability (e.g., Microsoft 365’s financially-backed 99.9% SLA; Clio/MyCase/NetDocuments status pages)
Per user per month, with a minimum of 5 users. Onboarding is a one-time fee based on device count and data size. See the pricing table on this page https://esudo.com/price.
Urgent tickets acknowledged in under 2 minutes during business hours. Resolution targets vary by severity and are documented in our SLO.
“Over 97% of American businesses in 2023, operating in a digitally-driven landscape, heavily rely on the Internet for essential functions such as productivity, performance optimization, streamlined communication, bolstered sales, and various other facets of their daily operations. This heightened dependence on digital infrastructure, however, comes with a notable caveat: more than 87% of small businesses are entrusted with customer data that could be potentially compromised in the event of a cyberattack.”
We keep your IT Systems running and data secure with our proven IT Strategy, Managed Security, and Proactive Support & End User Management. Our Strategy focuses on identifying, prioritizing, and recommending the right technology for your organization. Our Managed Security includes data backup, device encryption, zero-trust access management, and policies & procedures. Our Support includes a live phone help desk, 24/7 monitoring, on-site support as needed, employee onboarding, and asset procurement.
Proven track record: We have been building our loyal customer base since 2001 in an industry where IT consulting firms come and go. Our customers, vendors, and employees stay with us because we build and value long term relationships with them. With operations throughout the San Francisco Bay Area, eSudo provides reliable IT support to businesses in Silicon Valley and nationwide. We’re big enough to offer the facilities, services, and expertise you expect and small enough to provide the support and attention you deserve.
People & Process: Over the last 24+ years, we have created and adopted a proven process to ensure success in our operations and have trained our people to follow our proven process to provide consistent results for our customers.
Quality: We do not sell what we have not used or have tested. We recommend industrial and commercial-grade products for small businesses to provide uptime and reliability for our customers.
Responsiveness: A live person will answer your call, and emergency response time is within 2 minutes. We use the most current remote support technology, which lets us log in to your computers remotely to address many issues without the need to wait for a technician to come on-site.
An admin contact, system access, user list, device inventory, and current vendors. Typical cutover occurs after our readiness checkpoint.
Yes. Choose a 12, 24, or 36-month term with locked pricing. Your engagement is risk-free for the first 90 days: if you’re not satisfied by day 90, you can cancel and we’ll refund 100% of the managed-services fees you paid during that period.