Tightened federal regulations require the implementation of safeguards to protect consumer financial information.

Gramm-Leach-Bliley Laws

The Financial Modernization Act of 1999 (Gramm-Leach-Bliley Laws) provides for the protection of consumer financial information and requires institutions that store or receive that information to design, implement and maintain safeguards to protect that information. Observant and security-minded banks, credit unions and brokerages of all sizes have sought assistance with the following issues related to Gramm-Leach-Bliley:

• Network Perimeter Assessments and Internal Network Assessments conducted by third party companies to periodically test networks for weaknesses
• Meeting the regulatory requirements of GLB by getting assistance in preparation for annual GLB audits.
• Conducting Environmental Audits to help meet the GLB requirements, using internal security specialists or outsourcing to a security specialist