Designed to improve consumer financial services, the Gramm-Leach-Bliley Act (GLBA) includes security provisions for protecting confidential electronic financial information. For the approximately 9,500 financial institutions affected, compliance can be complex and process-intensive. Learn about network security auditing and vulnerability management solutions that can make GLBA compliance faster and more cost-effective.
checks can be written from more than one bank
agencies do many spot checks each year with little or no advance notice. Report to the Board ' Issue written track record of security audits, risks found, responses, and recommended changes. Implement the Standards ' Deadline was July 1, 2001, with service provider contracts grandfathered until July 1, 2003. Who Must Comply? The law applies to financial institutions ' companies that offer financial products and services to individuals, including banks, insurance companies, mortgage companies, securities