Cyber Security Terms

The Gramm–Leach–Bliley Act (GLBA)

Edward Kost
Edward Kost
updated Nov 07, 2021

What is the Gramm–Leach–Bliley Act (GLBA)?

The Gramm–Leach–Bliley Act (GLBA) is a U.S law that mandates the disclosure of customer data collection practices for organizations selling financial products and/or services.

Key takeaways

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    GLBA compliance is mandatory for all U.S entities selling financial products and/or services.
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    The GLBA expects financial entities to establish security controls that protect customer data from compromise.
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    Under the GLBA, financial entities must implement secure Privileged Access Management policies.
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