Business of Information Technology  >   Business Environment  >   Legal Environment  >   Laws  >   Federal Law  >  

Gramm-Leach-Bliley Act

RSS Feed    Add to Google    Add to My Yahoo!
ALSO CALLED: Gramm-Leach-Bliley Financial Services Modernization Act, GLBA, 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, which regulates the collection and disclosure of private financial information; the Safeguards Rule,  … 
Definition continues below.
Gramm-Leach-Bliley ActWhite Papers (View All Report Types)
17 Matches

There are currently no reports cataloged under the topic:
Gramm-Leach-Bliley Act

Please conduct a new search.

17 Matches
 
GRAMM-LEACH-BLILEY ACT DEFINITION (continued): … 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, 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 at SeachCompliance.com.
Gramm-Leach-Bliley Act definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary

About TechTarget:

TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines

All Rights Reserved, Copyright 2000 - 2014, TechTarget | Read our Privacy Statement