GuardianTrust

Introducing GuardianTrust – A Vendor Management Tool to Assist with FTC Safeguard Rule Compliance

We are excited to announce GuardianTrust, designed to drive compliance and ensure firms stay on-guard with vendor selection, on-going management, and risk assessment.

We are in the final stages of pre-launch and would love for you to join this exciting journey!

What is GuardianTrust?

The FTC Safeguards Rule requires us to monitor, assess, and perform due diligence on our vendors; a complex process that requires large amounts of time and knowledge. GuardianTrust is the only offering in the industry to assist you with this process.

GuardianTrust will monitor industry vendors as well as vendors not specifically within the industry, but which are frequently used by those in the industry. Similarly, these vendors will be regularly assessed and re-assessed to ensure you remain in compliance. Due diligence will also be conducted to help you select industry-leading tools.

Vendor management and oversight is a requirement of the FTC Safeguards Rule and failure to comply to subject you to fines, penalties, and introduce a large assortment of security-related risks.

Sign-Up For More Information & Release Announcement

How is GuardianTrust Different?

Unlike other compliance tools where the focus is on large firms and complex scenarios, our focus is on ensuring firms of all sizes have access to vendor-related information necessary to make proactive decisions, not based purely on supplier sales demos or overly-complicated wording on software websites.

The goal of GuardianTrust is to make this information available readily to the industry at very reasonable prices so that all firms can comply, no matter their size or budget.

GuardianTrust will continue to provide regular updates on your vendors, reducing your risk of data breaches, data exposure, and information loss.

Monitor: Industry-specific vendors will be continually monitored for alerts, breaches, changes in security protocols and systems, keeping you up-to-date on security- and product-related changes.
Assess: Vendor selection is a complicated process and the sales process is not always transparent. You will have access to the information you need to make informed decisions.
Due Diligence: Is your vendor doing what is right? Are they staying within their requirements and obligations to you, your clients, and all related data?

Improve Your Vendor Selection

GuardianTrust is a unique tool that fills a gap in the Small and Mid-Sized Business market in financial services. The requirements of the FTC Safeguards Rule, while critical and important for both firm security and compliance, can become extremely difficult and costly for firms to manage. Even the costly tools larger firms use don’t include all of the industry-specific vendors and suppliers most firms use.

By subscribing to GuardianTrust, firms will have insight into both compliance and certifications associated with vendors and suppliers. More so, unique and individual details for each vendor will be collected, providing deeper insight .