ACA International ComplianceFastfaxGramm-Leach-Bliley Act, Privacy and Security

Data Privacy Strategies for Financial Institutions Fastfax #2056

Nov 21, 2006

It has never been easier to access financial services. It is increasingly easier to open accounts, conduct business, and make use of many traditional banking services without ever setting foot in a physical bank. Unfortunately, this has made financial institutions a frequented target of identity thieves because of the amount of valuable personal information retained in order to conduct business. What follows is a discussion of data privacy strategies for financial institutions.

 

Topics and Keywords:
Data Privacy; Data Privacy Strategies; Security Program; Security Guidelines; Data security; Customer information; Data Disposal; FCRA; 628; Record maintenance

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