What Does GLBA Stand For?

GLBA stands for Gramm Leach Bliley Act

The Gramm-Leach-Bliley Act (GLBA) is a U.S. federal law enacted in 1999 that governs the collection, disclosure, and protection of consumers' personal financial information by financial institutions. It aims to enhance consumer privacy and security by requiring financial companies to establish privacy policies, provide consumers with clear disclosures about how their information is used, and ensure appropriate measures are taken to protect such data from unauthorized access. The GLBA is a significant framework for maintaining consumer trust in the financial services industry.