GLBA Compliance
The Gramm-Leach-Bliley Act (GLBA, also known as the U.S. Financial Modernization Act, regulates the protection of consumer personal information held by financial institutions.
The law provides consumers with limited control over how their personal data is used and shared by these institutions, and requires companies to establish safeguards that ensure the security and confidentiality of customer records.
Organizations can receive fines of up to $100,000 per incident, fines for officers and directors of $10,000 per person, if found to not be in compliance.
SafeNet delivers encryption capabilities that ensure security of data throughout an organization, whether data is at rest, in transit, or in use.
- By securing an enterprise’s data with data at rest, data in transit and data in use solutions, SafeNet protects a company’s sensitive assets against a range of security threats from internal vulnerabilities to the risks associated with data leakage.
SafeNet delivers multi-factor authentication and authorization capabilities that ensure only authorized access to critical data.
- For enhanced protection, SafeNet offers Hardware Security Modules to protect sensitive cryptographic keys.
- SafeNet HSMs are used by the world’s largest financial institutions, specifically designed to protect financial transactions.