White Papers for Gramm Leach Bliley Act (GLBA)

Safeguarding Financial Privacy Single Sign On One Step in Assuring Service Providers Protect Your Customers Personal Financial Data

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Protecting consumers' personal financial information held by financial institutions is the primary objective of the Gramm-Leach-Bliley Act or GLBA, a.k.a. The Financial Modernization Act of 1999. Financial institutions collect personal information, names, addresses and phone numbers; social security numbers, bank and credit card account numbers; and income and credit histories in their daily business transactions with customers. The purpose of this whitepaper is to illustrate how enterprise single sign-on can help financial institutions oversee service providers in compliance with the GLBA as well as ensure only authenticated employees access financial data.

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