Understanding Gramm Leach Bliley (GLBA) to Secure Consumer Personally Identifiable Information

The Gramm-Leach-Bliley Act (GLBA) is a law that requires all financial institutions in the United States to safeguard their consumers’ sensitive data.
GLBA applies to financial institutions such as organizations that offer financial or investment advice, provide consumer loans, or process consumer financial information.
Regardless of the type of institution, under the Safeguards Rule, GLBA lays out four techniques that all financial institutions must follow in order to ensure the security of consumers' personally identifiable information (PII). In each sector of the financial industry, regulators such as the Office of the Comptroller of the Currency (OCC) and the Federal Trade Commission (FTC) enforce these requirements.
For example, if you’re a pawn shop, you would want to comply with the version of the Safeguards Rule that is published by the FTC. On the other hand, if you’re a bank, you would use the version of the Safeguards Rule that is published by the OCC.
More Free Compliance Resources
Blog: kirkpatrickpri...
Webinars: kirkpatrickpri...
Videos: kirkpatrickpri...
White Papers: kirkpatrickpri...
Free GLBA Webinar: kirkpatrickpri...
Stay Connected
Twitter: / kpaudit
LinkedIn: / kirkpatrickprice-llc
Facebook: / kirkpatrickprice
About Us
KirkpatrickPrice is a licensed CPA firm, PCI QSA, and a HITRUST CSF Assessor, registered with the PCAOB, providing assurance services to clients in more than 48 states, Canada, Asia, and Europe. The firm has over 13 years of experience in information security and compliance assurance by performing assessments, audits, and tests that strengthen information security and internal controls. KirkpatrickPrice most commonly provides advice on SOC 1, SOC 2, PCI DSS, HIPAA, HITRUST CSF, GDPR, ISO 27001, FISMA, and CFPB frameworks.
For more about KirkpatrickPrice: kirkpatrickpri...
Contact us today: 800-770-2701 kirkpatrickpri...