GLBA & FFIEC
The Gramm-Leach-Bliley Act (GLBA) was established in 1999 and includes the Financial Privacy Rule which governs the collection and disclosure of customers’ personal financial information by financial institutions. This rule also applies to companies that may not be financial institutions, but receive the same customer information. Whether a financial institution discloses nonpublic information or not, GLB compliance is mandatory, and there must always be a policy in place to protect the information from foreseeable threats in security and data integrity.
Blue Karma Security will ensure you have security experts helping your financial services organization comply with all requirements minus the administrative overhead.