Graham-Leach-Bliley Act (GLBA) Security Compliance

What is GLBA?
Among other changes to financial laws, the Graham-Leach-Bliley Act created important new regulations designed to protect the private financial information of consumers. The law instructs financial institutions to secure and protect private information from unauthorized use or access. It also updates the practice and policies for individual consumers to control the use of such data. GLBA was signed into law in 1999 with full compliance required by July 1, 2001.

How do companies comply with GLBA?
While most financial services firms are informing their customers of the company's privacy policy, few have the strong data protection measures in place to secure the personal information.

The Safeguards Rule requires companies to develop a written information security plan that describes their program to protect customer information. The FTC explicitly notes that part of the plan should include "encrypting sensitive customer information when it is transmitted electronically via public networks."

How does CipherOptics help?
CipherOptics CipherEngine provides organizations with a comprehensive data protection solution that ensures the confidentiality, authenticity, and integrity of any data in motion.

The CipherEngine solution allows organizations to encrypt data across the network or the entire computing infrastructure using a global policy and key manager along with both hardware and software-based encryption enforcement points. The CipherEngine data protection solution offers best-of-breed performance, elegantly simple installation and management, and breakthrough scalability. CipherEngine gives you the power to protect data in motion wherever, however and whenever you want, without changes or disruptions to your network, your infrastructure, or your operations.

To discuss how CipherOptics can help you can comply with the Graham-Leach-Bliley Act, call 1-877-878-6655 and speak directly with a CipherOptics encryption specialist or feel free to ask us a question.

Learn more about GLBA

Learn More About:
Scope of Audit Reduction
Application Domain Security
Network Encryption


Helpful Resources
GLBA Title V, Subtitle A: Disclosure of Nonpublic Personal Information
GLBA's Financial Privacy Rule (Overview)
GLBA's Safeguards Rule (Overview)