GLBA Assessment

The Gramm Leach Bliley Act (GLBA) is a comprehensive, federal law affecting financial institutions and companies offering financial services. GLBA requires financial institutions including banks, insurance companies, and security firms to be GLBA compliant by developing, implementing, and maintaining administrative, technical, and physical safeguards to protect the security, integrity, and confidentiality of customer information. GLBA is composed of several parts – 16 CFR 313 outlining the Privacy Rule and 16 CFR 314 outlining the Safeguards Rule.

Regulations require financial institutions to employ an integrated security strategy that establishes perimeter security as well as security inside the network and among all databases, applications, and end-point devices such as personal computers, laptops, wired and wireless devices, etc. A Proactive security approach must be adopted to ensure your devices adapt in real-time to your organizations changing risk profile and new security threat events as they occur.

According to the FFIEC Handbook, financial organizations must secure access to their computer networks through the use of multiple layers of access controls to protect against unauthorized access to critical systems and data. Due to staff limitations, many financial institutions struggle with becoming and staying in full compliance with GLBA.

Loricca understands the financial industry and what it takes to become and stay compliant. Our services include a baseline assessment, which is the first step in identifying and closing security gaps to ensuring compliance. After all you can't fix it if you don't know about it.  Security threats continuously change and many businesses have concerns if their systems are up to the challenge.  To help our clients evaluate the information security in their environments, Loricca offers a full range of assessment services - the first step in your company's security awareness and in achieving compliance.