Banks, investment firms, financial planners and others in the financial industry are privy to some of the most intimate personal information of their clients and customers. This industry in particular needs to be diligent about having protocol to protect the identities and information of those they work for.
The Gramm-Leach Bliley Act (GLBA) directs the protection of consumer information (hard copy, electronic and on portable devices) in the financial services industry. GLBA legislates financial institutions throughout the United States to protect consumers’ names, addresses, bank and credit card account numbers and other personal information, when providing financial products or services for personal, family or household use.
Confidata’s Role: we have decades of experience working with the financial industry, helping businesses stay compliant and assisting in setting up internal systems that greatly lower their risk. Having good records management procedures in place saves money and time, but most importantly assures that your clients’ information is protected.
We are trusted partners with:
• Real Estate Appraisers
• Loan Brokers
• Financial Advisers
• Investment Firms
• Debt Collectors
• Accountants and Tax Return Preparers