Enacted in 1999, the Gramm-Leach Bliley Act (GLBA), which is mandatory for all financial institutions, regulates the way in which the collection, disclosure and protection of consumer’s information is handled. Implement efficient means for information distribution. Manage Security controls to… Read More
Posts Tagged ‘GLBA’
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Gramm-Leach Bliley Act (GLBA) Compliance for Financial Institutions
Enacted in 1999, the Gramm-Leach Bliley Act (GLBA) is designed to govern the collection, disclosure and protection of consumer’s information, while also allowing commercial and investment banks to consolidate. However, many financial institutions struggle to comply. And with penalties for… Read More