GLBA Compliance Checklist: Your Guide to Financial Data Privacy
For financial services organizations, the Gramm-Leach-Bliley Act, or GLBA, is one of the most crucial data privacy regulations. The GLBA includes rules that protect consumers’ sensitive financial information, and failure to comply can result in fines, loss of customer trust, and other negative consequences.
FormAssembly’s GLBA Compliance Checklist includes some of the most important aspects of this financial data privacy law as well as some of the steps your organization needs to take to comply. Read on for a preview of what you’ll learn in the checklist.
About the GLBA
The Gramm-Leach-Bliley Act of 1999 is a federal law in the United States that requires financial services organizations to clearly communicate how they protect customers’ sensitive financial data. The law includes several key rules about how financial information can be handled.
The GLBA applies not only to financial services companies but also to other organizations that handle financial information, such as colleges or universities that deal with student loans. Under the GLBA, there are specific regulations for how these organizations can handle account information, bank balances, and other sensitive financial data.
Where FormAssembly comes in
FormAssembly is an all-in-one web form builder and data collection platform that helps organizations in all industries do more with their data. Our platform offers encryption at rest and is compliant with GDPR, CCPA, and PCI DSS level 1 regulations on all plans.
To provide added security for the healthcare, financial services, and higher education industries, FormAssembly’s Compliance Cloud plan provides compliance with HIPAA and GLBA. On top of that, Compliance Cloud users receive advanced security and privacy controls, personalized data security training, priority support, and other privacy features.
Thousands of financial services organizations around the world trust FormAssembly for secure, compliant, and simplified data collection. If you’re ready to learn more about the GLBA and how FormAssembly can help you stay compliant, download our GLBA Compliance Checklist below!