WebThis part, which implements sections 501 and 505(b)(2) of the Gramm-Leach-Bliley Act, sets forth standards for developing, implementing, and maintaining reasonable … Web“This subtitle [subtitle A (§§ 501–510) of title V of Pub. L. 106–102, enacting this subchapter and amending section 1681s of this title] shall take effect 6 months after the date on which rules are required to be prescribed under section 504(a)(3) [15 U.S.C. 6804(a)(3)], except—
REVISED THROUGH SEPTEMBER 30, 2004
WebApr 14, 2024 · The FTC’s Gramm-Leach-Bliley Act (GLBA) Safeguards Rule, announced in 2002, has been substantially updated and became effective January 10, 2024. The new requirements, including a written risk assessment, are much more prescriptive and have more “teeth.” The compliance deadline is December 9, 2024. WebSection 501 (b) of the GLBA required the Agencies to establish appropriate standards for financial institutions subject to their jurisdiction that include administrative, technical, and physical safeguards, to protect the security and confidentiality of customer information. slow cooked oven baked chicken thighs
What is GLBA Compliance? Understanding the Data Protection …
WebTitle V, Subtitle A of the Gramm-Leach-Bliley Act (GLBA) 2. governs the treatment of ... institutions’ information security safeguards under GLBA Section 501(b) from the … WebAs part of its implementation of GLBA, the Federal Trade Commission (FTC) issued the Safeguards Rule under section 501 (b), requiring financial institutions under FTC jurisdiction to secure customer records and information. The three main objectives of GLBA 501 (b) are to: Ensure the security and confidentiality of customer records and information WebThe Security Guidelines implement section 501(b) of the Gramm-Leach-Bliley Act (GLB Act) 4 and section 216 of the Fair and Accurate Credit Transactions Act of 2003 (FACT … slow cooked minted lamb shank recipe