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What the Revised FTC Safeguards Rule (GLBA) Means for Dealers

Originally published in Auto Dealer Today Magazine on March 16, 2022.

"The unintended consequence of the revised Safeguards Rule is that, faced with high costs, a dealer may reasonably believe that doing nothing is an attractive option. That option is attractive, but not viable."

"In the beginning was the Gramm-Leach-Bliley Act, at least when it comes to dealership awareness of consumer data security issues. And the Gramm-Leach Bliley Act begat the Safeguards Rule, which has been the law of the land since 2003..."


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