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Date Submitted:
08/05/05
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An Overview of Gramm-Leach-Bliley ActAdded by Papergrl
Description:
The Gramm-Leach-Bliley Act (GLBA), signed into law by President Clinton, has drastically changed the way financial institutions conduct business. With this law, many responsibilities have been placed upon the institutions to protect the customers' nonpublic personal information. Along with this law, many guidelines have also been published in order to ensure the institutions adhere to the intent of the Act. With the wealth of information available today, implementing a good security program that complies with the guidelines set by the Department of the Treasury should be straightforward.
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