GLBA (Gramm-Leach-Bliley)

DEFINITION:

Gramm-Leach-Bliley Act (GLBA)regulations require organizations to protect themselves against unauthorized access, anticipated hazards and risks threatening the security or integrity of consumer financial information.

CHALLENGE:

GLBA has introduced a great deal more rigor in how banks and credit unions have to handle, manage and secure their customers’ personal information. In today’s world much of our information is computerized making information security a major component of GLBA compliance.

The guidelines define customer information as any record containing a customer’s non-public personal information, whether in printed, electronic or other form. They require each institution to implement a written information security program that includes administrative, technical and physical safeguards appropriate to the size and complexity of the bank as well as the nature and scope of its activities.

SOLUTION:

SOS Security is ideally suited to help banks, credit unions, brokers, dealers and investment companies achieve compliance with GLBA quickly and cost-effectively. SOS has extensive experience working with our customer to become compliant to the GLBA regulations.