In 1999, the Gramm-Leach-Bliley Act (GLBA) was put into effect to protect
consumer’s financial private information. GLBA updated the practice and
policies for individual consumers to control the use of their private
information as well as the requirement to secure and protect such data from
unauthorized use or access.
GLBA affects a wide range of financial institutions such as banks,
thrifts, credit unions, and insurance firms as well as any firm engaged in
activities including, but not limited to:
- Mortgage Lending
- Credit Card Activities
- Securities Brokerage Activities
- Insurance Sales
- Tax Planning and Preparation Services
- Investment Advice
VAULT400
gives organizations confidence that their critical information is securely
stored for as long as necessary, yet quickly accessible when needed.
|
