What Is GLBA (Gramm-Leach-Bliley Act)? Financial Privacy, Safeguards Rule and Your Rights Explained скачать в хорошем качестве

What Is GLBA (Gramm-Leach-Bliley Act)? Financial Privacy, Safeguards Rule and Your Rights Explained

Most people do not know a federal law protects their financial data. The Gramm-Leach-Bliley Act (GLBA) sets the rules. This video breaks down what GLBA is, who it covers, what institutions must do, and what happens when they fail. This video covers: GLBA Basics: Also called the Financial Services Modernization Act of 1999 Who It Covers: Banks, lenders, advisors, real estate, and more Key Rules: Financial Privacy Rule, Safeguards Rule, Disposal Rule Your Rights: Clear notices and the right to opt out of most sharing Safeguards Rule: Security program, risk assessment, leadership, third-party oversight, ongoing monitoring Breach Duties: Assess quickly and notify if misuse is likely Protected Data: Account details, identifiers, income history, and more Penalties: Up to $100,000 per violation for institutions; personal liability for executives Quick compliance checklist: Provide clear privacy notices. Offer opt-out. Secure data. Vet vendors. Keep audit trails. Notify on incidents. Useful Links 🔗 Visit Securiti: https://securiti.ai/ 🔗 Learn more about GLBA: https://securiti.ai/what-is-the-gramm... 🔗 Explore Securiti’s privacy & compliance solutions to get GLBA compliant: https://securiti.ai/products/data-pri... #GLBA #FinancialPrivacy #SafeguardsRule #DataPrivacy #Compliance #Cybersecurity #BankingCompliance #USPrivacyLaw #DataProtection #SecuritiAI