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Gramm-Leach-Bliley Act
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ALSO CALLED: Gramm-Leach-Bliley Financial Services Modernization Act, GLBA, and Financial Services Modernization Act of 1999
DEFINITION: The Gramm-Leach-Bliley Act (GLB Act), also known as the Financial Modernization Act of 1999, is a federal law enacted in the United States to control the ways that financial institutions deal with the private information of individuals. The Act consists of three sections: The Financial Privacy Rule,
Definition continues below.
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This whitepaper discusses the business case for data archiving as the first step in an SAP ILM strategy; strategies for Data Archiving, Retention Management and the Retention Warehouse strategy for legacy decommissioning in SAP; and Dolphin's best practices approach to an effective, long-term ILM strategy.
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This white paper overviews a survey completed by Proofpoint and Forrester Consulting that analyzes the legal, financial, and regulatory risks associated with outbound email in large enterprises.
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This paper outlines the rules, looks at the main threats to security compliance and highlights how a well-defined strategy, backed up by powerful technology, can provide the solution.
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The power of an information availability solution lies in its ability to transform any nonproductive, non-profitable downtime into the optimum level of value-producing business uptime.
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Are you up to date on Government policies, regulations and agencies? You need to be informed about government-related subject areas, including National, State and Local Governments and Government Agencies, Government Information Security, and Compliance.
Posted: 13 Feb 2006 | Published: 13 Feb 2006
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GRAMM-LEACH-BLILEY ACT DEFINITION (continued):
which regulates the collection and disclosure of private financial information; the Safeguards Rule, which stipulates that financial institutions must implement security programs to protect such information; and the Pretexting provisions, which prohibit the practice of pretexting (accessing private information using false pretenses). The Act also requires financial institutions to give customers written privacy notices that explain their information-sharing practices.Learn more about GLBA compliance
Gramm-Leach-Bliley Act definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary
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