Ley Gramm-Leach-Bliley (GLBA)
What is the Gramm-Leach-Bliley Act (GLBA)?
The Gramm-Leach-Bliley Act (GLBA) is a U.S. regulation that governs the protection of consumers’ personal financial information. Its objective is to ensure that financial institutions handle sensitive data securely, preventing unauthorized disclosure and ensuring operational continuity.
If your company operates in the financial sector or handles sensitive personal data, compliance with the GLBA is mandatory.
Why is GLBA compliance crucial?
In an increasingly digital environment, the GLBA has become an essential regulation for protecting consumer financial privacy. The law requires institutions to implement security policies and measures to prevent data breaches that could compromise the integrity and privacy of information.
Non-compliance with the GLBA can result in severe penalties, as well as damage to your company’s customer trust and market reputation.
The GLBA primarily affects the following entities:
- Financial institutions (banks, insurance companies, investment companies, etc.)
- Financial service providers (payment processors, financing platforms, etc.)
- Companies that store or process consumers’ personal financial information.
Failure to comply with the GLBA can have serious consequences for your company:
- High fines and financial sanctions.
- Reputational damage and loss of customer trust.
- Legal and financial risks due to the exposure of sensitive personal data.
- Managerial responsibility in the event of security breaches or incidents.
Achieve GLBA compliance with BSecure
At BSecure, we help you achieve GLBA compliance quickly, automatically, and efficiently. Our approach enables you to protect personal financial data, perform periodic audits, and ensure the security of sensitive information handling.
DataPASS: 100% automated audit for GLBA compliance
DataPASS is the leading service for auditing and GLBA compliance. It allows you to:
More Information- Audit over 300 controls aligned with GLBA requirements.
- Monitor access and risks in real-time on systems processing financial data.
- Detect anomalous behavior and generate proactive alerts.
- Generate compliance reports ready for auditors and regulators.
DataPASS Hub: GLBA compliance and auditing services for empower to trusted providers of large corporations
Designed for auditing firms, cybersecurity consultancies, and MSSPs to expand their service offerings as a trusted provider for large corporate clients. With DataPASS Hub, these companies will be able to expand their service portfolio to large z/OS technology users, producing:
- Single panel for all your critical environments.
- Complete automation of GLBA compliance processes.
- Early alerts and proactive responses to security breaches.
Technical training in GLBA security
The shortage of cybersecurity experts can hinder GLBA compliance. At BSecure, we offer specialized training to equip your technical team with the knowledge and skills needed to:
- Implement the security controls required by GLBA.
- Conduct vulnerability assessments on financial systems.
- Receive practical training tailored to auditing.
Benefits of DataPASS for GLBA compliance
Industries already trusting BSecure
We have already helped companies from various sectors comply with the GLBA and strengthen their security, including:
Banking and Finance
Insurance companies and financial services
Technology platforms handling sensitive data