Compliance Brief

Data Security Compliance with the Gramm-Leach-Bliley Act (GLBA)

Data Security Compliance with the Gramm-Leach-Bliley Act (GLBA) - Compliance Brief

Data Security Compliance with the Gramm-Leach-Bliley Act (GLBA)

How Thales solutions help with GLBA Compliance

The Gramm-Leach-Bliley Act (GLBA)--also known as the Financial Services Modernization Act of 1999--requires financial institutions to explain their information-sharing practices to their customers and to safeguard sensitive data. The core aim is to prevent and mitigate cyber threats. The Federal Trade Commission (FTC) Safeguards Rule requires covered companies to develop, implement, and maintain an information security program with administrative, technical, and physical safeguards designed to protect customer information.

Thales helps organizations by: 

  • Identifying and classifying sensitive customer data for risk assessment
  • Controlling and monitoring access to sensitive data
  • Protecting data at rest and in motion
  • Securing the development of apps
  • Implementing multi-factor authentication
  • Securing the disposal of customer information
  • Managing 3rd party risks