Episode 4: How Dealerships Can Stay Compliant w/ FTC Safeguards Rule | Tyler Raquet, Mosaic Compliance Services
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About the episode
In this episode of Is It Compliant, host Kate Spatafora talks with Tyler Raquet, COO of Mosaic Compliance Services, about how dealerships can stay compliant with the FTC Safeguards Rule when it comes to technology. Tyler explains that while the rule doesn’t set a specific timeframe for using multi-factor authentication, it does require consistent enforcement whenever customer data is accessed. He compares it to locking your door every time you leave the house — not just once and hoping for the best. Tyler also outlines common pitfalls, such as inconsistent practices and a lack of documentation. Antivirus alone won’t cut it — compliance requires employee training, secure data handling, vendor management, regular risk assessments, and detailed record-keeping. He recommends conducting a gap analysis to identify areas that meet the requirements and those that need attention. This episode offers a clear, practical overview for dealerships looking to ensure their cybersecurity practices meet federal standards.