Gramm-Leach-Bliley

The Financial Modernization Act of 1999, also known as the “Gramm-Leach-Bliley Act” or GLB Act, includes provisions to protect consumers’ personal financial information held by financial institutions.

This Safeguards Rule requires all financial institutions to design, implement and maintain safeguards to protect customer information. The Safeguards Rule applies not only to financial institutions that collect information from their own customers, but also to financial institutions – such as credit reporting agencies – that receive customer information from other financial institutions.

DataThread can be implemented a a means of identifying personnel or processes that access records on the AS/400 or iSeries. Additionally any changes to critical data can be identified and reported in real time.