In this episode of Confidence as a Podcast, we are excited to welcome Guy Bavly, the founder and CEO of Actifile, to discuss the crucial topic of data security and the FTC Safeguards Rule update for 2023. Actifile is a cutting-edge cybersecurity company specializing in protecting sensitive data and ensuring compliance with various regulatory frameworks. Their innovative data-centric security solutions provide businesses with the tools they need to safeguard their valuable data and stay compliant with industry regulations.

Guy will be sharing insights into Actifile's mission and how their data-centric security approach is helping organizations of all sizes protect sensitive information. Derreck also delves into the latest updates to the FTC Safeguards Rule, which has undergone significant changes for 2023. This update aims to strengthen consumer data privacy and security by introducing new cybersecurity requirements for financial institutions, including risk assessments, encryption, multi-factor authentication, and incident response plans.

Derreck & Guy address the challenges that organizations face when it comes to complying with the updated Safeguards Rule and provide practical advice for managing cybersecurity risks. They highlight the importance of understanding your organization's data landscape, investing in robust security measures, and fostering a security-first culture.

Join us for an informative and engaging conversation with Guy Bavly, as we explore the world of data security, the implications of the 2023 FTC Safeguards Rule update, and how Actifile is helping organizations protect their most valuable asset - their data. Don't miss this essential episode for anyone navigating the ever-changing landscape of cybersecurity and regulatory compliance!