GLB Privacy Assessment
Align your business practices with the Gramm-Leach-Bliley Act.
The Gramm-Leach-Bliley Act (GLB) is also known as the Financial Modernization Act of 1999. It’s a federal law that requires financial institutions to provide details regarding how customers’ private information is shared and protected. Financial institutions must communicate this explanation to their customers, as well as offer customers the opportunity to opt-out. This assessment will review your privacy program against the GLB, identify gaps in your privacy program, and create a prioritized action plan to remain compliant as your business advances.
TrustArc GLB Privacy Assessment
TrustArc consultants assess your privacy program against the regulation and provide a prioritized, step-by-step implementation plan for compliance.
The deep expertise of our privacy consulting team is augmented by the TrustArc Platform — powerful technology that ensures the assessment is comprehensive, complete and accurate.
3-Step GLB Compliance Review Methodology
Our proven three-step methodology is a fast and effective way to assess your current GLB privacy position, develop a roadmap to get to where you want to be and create an audit record of your efforts.
Assess compliance across all business units. Deliverables include a summary of gaps and remediation recommendations.
Develop a prioritized action plan with specific remediation recommendations, schedule, and budget / resource estimates.
Build Consensus Implement Programs
Custom review with key stakeholders to build awareness, and gain agreement on your action plan. Topics include gap & risk analysis, industry benchmarking, and resource plans.