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10 things you should know about the Gramm-Leach-Bliley Act

PublisherTechRepublic
Format64.0KB PDFDate added09 Aug 2005
Topics Gramm-Leach-Bliley Act
Downloads103

This handy, two-page list describes 10 things that IT professionals should know about the Gramm-Leach-Bliley Act.

In 1999, the US Congress passed the Gramm-Leach-Bliley Act, formally known as the Financial Modernization Act of 1999. This act imposes privacy legislation on financial institutions by regulating how information can be shared. Because most sensitive information is stored on or shared through your network, IT professionals should understand how the Act effects the organization. This download describes 10 things that you should know about the Gramm-Leach-Bliley Act.

Here's a sample:

Number 3: Get your information security policies in order - If you haven't done so already, you should finalize your written information security policy. GLB requires institutions to "develop, implement, and maintain a comprehensive written information security program that contains administrative, technical, and physical safeguards that are appropriate to the size and complexity of the entity, the nature and scope of its activities, and the sensitivity of any customer information."

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