GLB Privacy Assessment Align your business practices with the Gramm-Leach-Bliley Act. The Gramm-Leach-Bliley Act (GLB) is also known as the Financial Modernization Act of 1999. It’s a federal law that requires financial institutions to provide details regarding how customers’ private information is shared and protected. Financial institutions must communicate this explanation to their customers, as well as offer customers the opportunity to opt-out. This assessment will review your privacy program against the GLB, identify gaps in your privacy program, and create a prioritized action plan to remain compliant as your business advances.Request a Consultation TrustArc GLB Privacy Assessment TrustArc consultants assess your privacy program against the regulation and provide a prioritized, step-by-step implementation plan for compliance. The deep expertise of our privacy consulting team is augmented by the TrustArc Platform — powerful technology that ensures the assessment is comprehensive, complete and accurate. Deep Privacy Expertise + Proven Methodology + Powerful Technology TrustArc solutions are powered by a unique combination of deep privacy expertise developed over two decades, proven methodologies refined through thousands of engagements, and powerful technology operating at scale for eight years. Our proven, 3-step process to develop a comprehensive GLB privacy plan: Phase OneAssess Compliance Assess compliance across all business units. Deliverables include a summary of gaps and remediation recommendations. Phase Two Develop Plan Develop a prioritized action plan with specific remediation recommendations, schedule, and budget / resource estimates. Phase Three Build Consensus Implement Programs Custom review with key stakeholders to build awareness, and gain agreement on your action plan. Topics include gap & risk analysis, industry benchmarking, and resource plans. Need help assessing GLB privacy compliance? Get Started Resources
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