Gramm-Leach-Bliley Act

The Financial Services Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act or GLB Act, includes provisions to protect consumers’ personal information held by financial institutions, including postsecondary institutions. The GLB Act requires that schools have in place an information security program to ensure the security and confidentiality of customer information, protect against anticipated threats to the security or integrity of such information, and guard against the unauthorized access to or use of such information. There are three principal parts to the privacy requirements: The Financial Privacy Rule, Safeguards Rule and pretexting provisions. Savannah Technical College complies with the Gramm-Leach-Bliley Act. Additional information on the GLB Act can found at http://business.ftc.gov/privacy-and-security/gramm-leach-bliley-act.