Gramm-Leach-Bliley Act ~ Quick explanation ~ For Businesses
July 7, 2009 by Terry.
This information can help you understand if the Gramm-Leach-Bliley Act applies to you. GLBA = aka. Gramm-Leach-Bliley Financial Services Modernization Act, Pub. L. No. 106-102,113 Stat. 1338 (November 12,1999).
It is important to note that it does NOT apply if you simply take credit cards for payment. Does your organization provide financial services that place you under the security provisions of GLBA, which includes regulations to protect consumers’ personal financial information?
