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New Control Requirements from GLBA Amendment


The Federal Trade Commission (FTC) has amended the long-standing Gramm-Leach-Bliley Act (GLBA) in late 2021. This infographic will focus on changes to the Safeguards Rule of GLBA.

Financial services organizations regulated by the FTC (as opposed to those already under FDIC, NCUA, OCC regulation) are required to comply with the amended terms of GLBA 30 days after the filing in the Federal Register (roughly Dec 1, 2021). These changes bring a significant expansion of some specific safeguards in GLBA.

Those in higher education, finance, auto dealerships and beyond would benefit from this infographic for a quick overview of the top 12 general changes required by the amendments and tips regarding the compliance and security of various methods of implementing the safeguards.

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