July 31, 2008
The Gramm-Leach-Bliley Act (GLBA)requires financial institutions to hold personal information of customers confidentially and securely against any reasonably anticipated internal or external threats or hazards and offer protection against unauthorized access etc to ensure integrity of customer information is not compromised.
Too frequently, though, we hear of data breaches within banks and other financial institutions caused because of inadequate training on GLBA, or lack of employee awareness of the potential risks that some of their actions can create....
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