Gramm-Leach-Bliley Act | Cybersecurity guidance for financial institutions

Four Norton Rose Fulbright lawyers have contributed to Bloomberg Law’s Gramm-Leach-Bliley Act (GLBA) Privacy issues guide.

This team discusses the Gramm-Leach-Bliley Act of 1999 (also known as the Financial Services Modernization Act of 1999) and how its regulations impact financial institutions regarding privacy policies, information technology security and cloud computing in today’s cybersecurity landscape.

Review the articles below.

Scope and applicability

• Gramm-Leach-Bliley Act (GLBA) privacy and data security
• GLBA privacy and data security: Federal and state regulatory authority

Privacy notice and opt-out rights

• GLBA privacy notice obligations

Information security

• Federal Trade Commission (FTC) Safeguards Rule
• IT security and cloud guidance for financial institutions
• Cybersecurity incident notification rules for financial institutions

State laws and enforcement

• Relationship of GLBA to state privacy, data breach and insurance laws
• New York Department of Financial Services (NYDFS) cybersecurity requirements