Gramm-Leach-Bliley (GLB) Act
FileShred helps companies be GLB compliant by providing secure onsite document shredding services of their customer’s private information. So give us a call to get information, pricing and schedule your GLB document destruction service.
Banks, Credit Unions, Investment firms and all other financial institutions need personal information to properly service their customers. That information includes full names, addresses, phone numbers, account numbers, income, credit reports and Social Security numbers. The Gramm-Leach-Bliley Act (GLB) requires financial firms to protect this confidential information and that extends to when the information is going to be discarded.
Included in GLB Act is the Safeguards Rule. This Rule requires financial institutions under FTC jurisdiction to secure customer records and information whether such information pertains to individuals with whom they have a customer relationship or pertains to the customers of other financial institutions that have provided such information to them.