Get in Compliance with Business System Solutions' GLBA Support and Consulting Services
Proudly serving Lebanon since 1995
Business System Solutions is your trusted, local provider of GLBA compliance support and consulting services in the Lebanon, IN area. When you partner with us, you will get professional consulting services to identify gaps and apply the necessary security and training measures to ensure your business gets and stays GLBA compliant. Contact us today to learn more.
What is the Gramm-Leach-Bliley Act (GLBA)?
GLBA is a federal law that mandates that companies providing financial products disclose how they share information and that they protect sensitive data. Customers must also have the right to opt out of having their information shared with third parties. Additionally, the company has to protect customers' data according to their formal information security plan.
GLBA has three main components, all of which we can help you abide by:
- The financial privacy rule: This rule regulates the gathering and disclosure of private information and dictates that proper notices of privacy policies and practices are given to the customer. The company must advise individuals if they intend to disclose their information. The customer also has the right to opt out.
- The safeguard rule: This rule requires financial institutions to implement security programs to keep private data safe. It also applies to companies that collect private information about individuals from financial institutions. Third parties must also keep customers' data safe. Risk assessments and security designs are covered under the safeguard rule as well.
- The pretexting provisions: This forbids the practice of acquiring private data and using it under false pretenses. For compliance with this rule, you must create a written plan to monitor network and account activities as well as provide security awareness training.
The GLBA rules are flexible to allow you to tailor them to your needs. However, while the rules may seem simple, they involve a lot of analysis that you must perform to make sure you are protecting the right information. We have the experience you need to identify sensitive data and secure it so you can stay in compliance and keep your customers' trust.
Why choose Business System Solutions to help with GLBA compliance?
Running your business well is a difficult task. Depending on your area of service, it might just be too much for you to make sense of every single innovation when it comes to data privacy and compliance. You may simply not have the time or budget to hire a team of experts to help you with GLBA. That's okay. This is where we can help.
We specialize in GLBA compliance - our job is to help you become compliant quickly and efficiently. Here's how we do it:
- Gap analysis: We assess your current practices when it comes to the disclosure of sensitive data.
- Security: We use tried and true security measures to keep all your personal and customer data safe.
- Training: Our team can help you develop routine processes for your staff in order to keep up with compliance.
- Support: We can oversee the maintenance of all technology and processes that help your organization stay GLBA compliant.
When you partner with us, we do all the heavy lifting so you can focus on your business.
A partner you can trust
We have helped multiple clients become GLBA compliant, from those who were starting from square one to those who just needed a little guidance. Wherever you are with GLBA compliance, we have you covered. And, our job does not stop when the project is complete - we provide ongoing support to ensure long-term success.
Business System Solutions has been your reliable, local provider of compliance services and support since 1995. When you partner with us, we will work to analyze your business and make sure all of your data is secure. Contact us today!
