Friday, August 14, 2009

New FTC regulations will require stronger security guidelines for small businesses

With the proposed FTC "red flag" regulations starting Nov. 1, small businesses will have to truly audit their security processes.
For example, take the hotel keys given to you when you check in to a hotel. Most of us don't know that the black stripe on the back of the card contains their personal information, such as credit card info, drivers license, and home address.
Under the new regulation, will hotel owners have to shred those cards after customers give it back to them? That's just one of the many interpretations from this new federal statute.
If you are a small business person I would contact a security professional to review all processes concerning the security of your customers information. A good resource is an American Society for Industrial Security member to find someone who is fully certified to conduct a security audit.

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