The security briefing is intended for bankers looking for additional direction with regard to satisfying the security and privacy requirements section 501b of the Gramm-Leach-Bliley Act (GLBA).<\/p>\n","protected":false},"excerpt":{"rendered":"
The document serves as a guide for management and hopes to clarify some of the ambiguities bank management has to confront.<\/p>\n
On January 17, 2001, the banking regulatory agencies adopted guidelines implementing the security and privacy requirements for Section 501b of the GLBA. The guidelines require financial institutions to establish a comprehensive and coordinated information security program, appropriate to the size of the bank and the complexity of its operations. However, many bank managers are still struggling with what exactly is expected of their financial institutions to satisfy these requirements. <\/p>\n
This is further complicated by the fact that the examiners themselves are still learning how to address these new regulations causing inconsistencies among various regional areas and regulatory agencies. This will soon change and banks are in need of a better roadmap so as not to be caught off guard at their next examination. <\/p>\n
GLBA mandates that banks ensure the security and confidentiality of customer records. These records have become more accessible to patrons and business partners with the advent of online banking, ATMs, and email.<\/p>\n
Just as banks have taken numerous steps to assure physical security, they need to take steps to prevent network intruders from copying sensitive data and using or distributing it.<\/p>\n
GLBA is the call for financial institutions to take the steps to seek out and prevent these acts.<\/p>\n
More info: [url=http:\/\/www.bankinfosecurity.com\/?q=node\/view\/457]http:\/\/www.bankinfosecurity.com\/?q=node\/view\/457[\/url]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-301","post","type-post","status-publish","format-standard","hentry","category-financial"],"_links":{"self":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=301"}],"version-history":[{"count":1,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/301\/revisions"}],"predecessor-version":[{"id":2788,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/301\/revisions\/2788"}],"wp:attachment":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}