In plain terms. Title V of the Gramm-Leach-Bliley Act requires financial institutions to protect the security and confidentiality of customers' nonpublic personal information. The implementing Safeguards Rule mandates a written information security program with administrative, technical, and physical controls, making GLBA a core compliance driver for financial-services contractors.
Citation. Pub. L. 106-102 (Nov. 12, 1999); 15 U.S.C. §§ 6801-6809.
16 C.F.R. Part 314 (FTC Safeguards Rule); 12 C.F.R. Part 1016 (Privacy Rule)