GLBA
Compliance
Are you prepared
for GLBA?
What is GLBA?
GLBA is the Gramm-Leach-Bliley Act signed into law
in 1999. Its primary purpose is to provide privacy of
customer information by financial service organizations
and comprehensive data protection measures are required.
Depending upon the financial institutions’ supervisory
authority, GLBA compliance audits are conducted by either
the Office of the Comptroller of the Currency (OCC),
the Federal Reserve Systems (Fed), the Federal Deposit
Insurance Corporation (FDIC), or the Office of Thrift
Supervision (OTS).
|
