The Gramm-Leach-Bliley Act (GLBA) of 1999 requires banking and financial institutions across the United States to describe how they will protect the confidentiality and security of consumer information.
The Gramm-Leach-Bliley Act applies to:
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Banks
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Credit Unions
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Securities Brokers
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Real Estate Appraisers
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Insurance Companies
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Automobile Leasing Companies
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Companies that operate travel agencies in connection with financial services
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Retailers that issue their own credit cards directly to consumers
02/28/2005: In the latest financial privacy slip-up, Bank of America Corp. said Friday that it lost computer tapes containing personal information on federal employees who use 1.2 million bank-issued cards to pay for expenses.
