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May 1, 2023

Cybersecurity for Auto Dealerships

What is Auto Dealership Cybersecurity?

As an auto dealership, keeping your customer data safe and complying with regulations is crucial. The Federal Trade Commission (FTC) Safeguards Rule updated in 2021, now requires auto dealerships to implement important security measures to keep customer data secure. Cyber Sleuth Security is here to help your dealership with compliance.

As per Section 314.1(b), your dealership is considered a financial institution if it’s engaged in financial activity or incidental to such financial activity. If your business is subject to the FTC’s jurisdiction, then you are required to comply with the Safeguards Rule.

Save Yourself from the $46,517 Fine for Each FTC Safeguards Rule Violation

The Safeguards Rule requires your dealership to develop, implement, and maintain a written information security program with administrative, technical, and physical safeguards designed to protect your customers’ information. Dealerships that don’t comply by December 2022 face up to $46,517 per consent order violation.

Is Your Car Dealership Prepared for the FTC's Rule Changes?

Cyber Sleuth Security provides solutions to help you meet the requirements of the nine elements of the FTC Safeguards Rule that your dealership's information security program must include. We have experts who will be your team to keep your dealership in compliance, provide all your IT services with IT Managed Services (MSP) and make sure servers, networks, and workstations are up and running.

Our CSS Auto Audit is a comprehensive testing and auditing solution to test your systems for threats. Regular monitoring and testing the effectiveness of your safeguards either through continuous monitoring of your system or annual penetration testing, as well as vulnerability assessments is crucial, and we are here to help you.

What Actions Can You Take to Be Compliant?

Your dealership’s security program is only as effective as its least vigilant staff member. That's why training your team to spot risks and safeguard customer data is vital. Monitoring your service providers and having contracts that spell out your security expectations is another aspect of the Safeguards Rule that we can help you with.

Cyber Sleuth Security has solutions to help you with all or any combination of your dealership’s needs to ensure compliance. We understand the complexity of your business, and the nature and scope of your activities, and our solutions are designed to protect your dealership against anticipated threats or hazards to the security or integrity of customer information. Contact us today to learn more about our cybersecurity solutions for auto dealerships.

Adjusting Your Program for Changes

You must monitor, evaluate and adjust your program as circumstances change, such as when you start using new technology or when the nature of your business operations change.

Responding to Security Incidents

You need to develop and maintain procedures to respond to security incidents, including when a breach occurs, and notify customers when necessary.

Overseeing Your Service Providers

You need to ensure that any service providers that have access to your customer information also have safeguards in place to protect the data.

Why Choose Cyber Sleuth Security for Auto Dealership Cybersecurity?

Cyber Sleuth Security is the perfect solution for auto dealerships looking to protect their customer data and comply with the FTC’s Safeguards Rule. Our team of experts provides comprehensive IT solutions designed to meet the unique needs of auto dealerships.

With our Auto Audit Risk Assessment, SOC, other IT Managed Services (MSP), we’ll help you stay ahead of cybersecurity threats, and ensure your information security program is always up-to-date and effective. Our team is always monitoring your systems for vulnerabilities and can respond quickly to any security incidents that may arise.

Don’t take chances with your customer data or the FTC’s regulations. Choose Cyber Sleuth Security for comprehensive, reliable cybersecurity solutions that keep your dealership compliant and your customer data secure. Contact us today to learn more about our services and how we can help your dealership stay ahead of the curve when it comes to cybersecurity.

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