Gramm-Leach-Bliley Act (GLBA) Compliance
Safeguarding Personal Financial Information
The 1999 Gramm-Leach-Bliley Act (GLBA) requires financial institutions to develop, implement, and maintain a comprehensive written information security program that protects the privacy and integrity of customer records. The Federal Financial Institution Examination Council (FFIEC) recently updated the GLBA information security standards. These new mandates emphasize the need for each bank, thrift, and credit union agency to adopt a proactive information security and technology risk management capability. By doing so, your institution can protect information, applications, databases, and the network as part of a comprehensive information security program.
FFIEC Calls for Proactive Security
Banking regulators now require financial institutions to evolve beyond point-security products. You now must 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 laptops, PCs, wired and wireless devices, PDAs, and more. All devices on your network must:
- Collaborate to ensure proactive security is working effectively
- Adapt in real-time to your institution’s changing risk profile and new security threat events as they occur
Your financial institutions can’t achieve this proactive security culture without the help of automated security compliance management solutions that are integrated throughout your users, databases, applications, and network to enable real-time monitoring of all activity. You must have a logging, monitoring, and incident response capability that will allow you to prevent, detect, and respond rapidly in real-time to internal and external threats.
Security Compliance Management for GLBA
With the continuous updates to the GLBA information security mandates, your financial institution must adopt a risk management and security compliance strategy with the right technology solutions that will help you:
- Establish best practice controls
- Continuously manage your risk
- Know when material events occur
- Lower your compliance cost
- Enable security compliance
- Build accountability and trust
- Protect customer data
- Provide an ongoing and detailed audit and forensic trail
Whether you’re beginning to explore the importance of collecting and analyzing log data, enhancing your security practices to protect your applications and databases from insider threats, or need real-time actionable security and GLBA compliance information throughout your enterprise, netForensics can help you meet all your security compliance management challenges.
nFX One: Helping You Maintain GLBA Compliance While Securing Your Enterprise
netForensics nFX One is a streamlined yet robust security compliance management suite that empowers you to continuously manage risk while leveraging recognized security best practices. Through data collection, log management, real-time monitoring, threat identification, rapid response, and actionable reporting, you can tackle information security and compliance at the same time with nFX One solutions:
- nFX SIM One, with patented, high-performance SIM technology, empowers you to transform huge volumes of complex security-related data into understandable, actionable information. This streamlined, easy-to-deploy SIM solution allows you to respond to security events in real time—for active compliance management from the perimeter to the core.
- nFX Data One delivers a new level of insight into user activities, so you know who’s touching your critical data and what they are doing with it—at all times across your enterprise. nFX Data One protects your agency from data breaches by monitoring databases and applications and alerting on any hostile and unauthorized activity.
- nFX Log One delivers automated, easy-to-use log management for collecting, documenting, and storing log data for GLBA compliance audits. With broad access to your log data—plus the power to take action on it when necessary—you can effectively meet your compliance demands while enhancing your overall information security posture.
Learn more about achieving and maintaining GLBA compliance through proactive threat and risk management.
Download: Achieving GLBA Compliance through
Security Information Management
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