The Gramm-Leach-Bliley Act (GLBA) requires financial institutions and covered entities to protect consumer financial information. The GLBA Safeguards Rule (updated in 2023) mandates that organizations implement cybersecurity measures to prevent unauthorized access to sensitive data.
🔹 Industries Required to Comply with GLBA
✔ Financial Institutions (Banks, Credit Unions, Mortgage Lenders, Investment Firms)
✔ Higher Education Institutions (Universities & Colleges Handling Federal Student Aid Data)
✔ Insurance Companies & Loan Servicers
✔ Retailers Offering Credit & Financing
✔ Auto Dealerships Providing Financing
✔ Tax Preparation & Accounting Firms
The FTC Safeguards Rule applies to many organizations that receive non public information (NPI). A few examples are listed below:
There are a number of enforcement bodies within the United States. The FTC and federal banking agencies are the most common enforcement agencies. The other enforcement agencies can be the State Attorney General, the State Insurance Commissioners, or the Consumer Financial Protection Bureau. The Office of the Comptroller of the Currency and the Securities Exchange Commission are also enforcement bodies.
The enforcement bodies may issue large fines. They may also issue consent orders that require security controls. The Consumer Financial Protection Bureau (CFPB) provides the latest enforcement actions on their website:
Cyber Security Services provides expert GLBA compliance consulting to help organizations meet the Gramm-Leach-Bliley Act (GLBA) Safeguards Rule and protect consumer financial data. Our cybersecurity and risk management experts assist financial institutions, higher education institutions, and other regulated organizations in identifying risks, strengthening security controls, and passing regulatory audits.
Why Choose Cyber Security Services?
✔ GLBA Compliance Experts – Certified CISSP, CISM, and CISA consultants with deep industry knowledge.
✔ Comprehensive Security & Compliance Support – Covering risk assessments, policy reviews, security awareness, penetration testing, and vendor risk management.
✔ Alignment with GLBA, NIST, ISO 27001, PCI DSS, and SOC 2 – Ensuring a holistic approach to security & compliance.
✔ Proven Experience – Trusted by financial institutions, higher education, and Fortune 500 companies.
✔ End-to-End Compliance Solutions – From gap assessments to encryption solutions and strategic planning.
📞 Need GLBA Compliance Support? → Request a Free Consultation
Identify compliance gaps and develop a roadmap to achieve GLBA compliance.
✔ Conduct GLBA security risk assessments to evaluate your current security posture.
✔ Perform GLBA gap assessments to determine weaknesses in existing controls.
✔ Develop a customized remediation plan to address security deficiencies.
✔ Ensure alignment with NIST, CIS, PCI DSS, and ISO 27001 frameworks.
💼 On-demand security leadership for GLBA compliance.
✔ Provide strategic cybersecurity guidance & executive-level oversight.
✔ Develop Written Information Security Programs (WISP) required by GLBA.
✔ Align GLBA security initiatives with business goals & regulatory requirements.
✔ Support incident response planning, security operations, and policy development.
Strengthen your GLBA compliance framework with well-defined policies and trained staff.
✔ Review and update GLBA security policies & procedures.
✔ Provide security awareness training to employees handling financial data.
✔ Conduct simulated phishing tests & social engineering assessments.
✔ Ensure staff understands GLBA Safeguards Rule requirements.
🛡 Secure third-party service providers handling financial data.
✔ Conduct GLBA-compliant vendor security risk assessments.
✔ Ensure third-party compliance with SOC 2, ISO 27001, and NIST 800-171.
✔ Implement continuous monitoring & security controls for third-party vendors.
✔ Develop vendor management frameworks to meet regulatory expectations.
🛠 Identify weaknesses before attackers do.
✔ Conduct external & internal network penetration testing.
✔ Assess web application security for SQL injection, cross-site scripting (XSS), and authentication flaws.
✔ Perform vulnerability assessments to detect and mitigate risks.
✔ Ensure compliance with GLBA cybersecurity requirements.
🔐 Protect sensitive financial data from unauthorized access.
✔ Implement encryption for data at rest, in transit, and in use.
✔ Configure TLS, HTTPS, and email encryption solutions.
✔ Apply role-based access controls (RBAC) and least privilege principles.
✔ Ensure full-disk encryption & secure key management.
🛠 Develop long-term security strategies for GLBA compliance.
✔ Create Information Security Strategic Plans that align with business risk & compliance.
✔ Maintain a detailed inventory of assets handling consumer financial data.
✔ Implement Zero Trust security architectures & network segmentation.
✔ Develop data classification frameworks to protect sensitive information.
✔ Perform risk assessments & security audits.
✔ Implement data encryption, access controls, and multi-factor authentication (MFA).
✔ Develop an incident response plan & breach notification procedures.
✔ Conduct employee security awareness training.
✔ Customer names, addresses, Social Security numbers.
✔ Bank account details, credit reports, loan history.
✔ Any personally identifiable financial information / Nonpublic Personal Information (NPI).
✔ Encrypt student financial records & enforce MFA for financial systems.
✔ Implement vendor risk assessments & compliance tracking.
✔ Develop incident response & breach notification procedures.
✔ Annually, or whenever major system changes or regulatory updates occur.
