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Outsourcing Security Responsibilties to Achieve Compliance With Gramm-Leach-Bliley Act

PublisherNorlight Telecommunications
Format484.6KB PDFDate added24 Aug 2004
Topics Bank Management, Outsourcing, Gramm-Leach-Bliley Act
Downloads65

Ever since Section 501(b) of the Gramm-Leach-Bliley Act (GLBA) took effect in July 2001, financial institutions have been evaluating their information security practices to determine whether their existing protections will pass muster with regulators. Many banks are playing it safe - or, at least, safer - by outsourcing security responsibilities to managed services providers dedicated to keeping Internet trespassers at bay.

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