What is a GLBA risk assessment? – WST

2020-10-16T20:29:07+00:00

October 15, 2020 What is a GLBA risk assessment? - WST The Gramm Leach Bliley Act (GLBA) Safeguards Rule directs financial institutions to: identify reasonably foreseeable internal and external risks, design and implement information safeguards to control the risks you identify, and evaluate and adjust your information security program in light of the results of control testing and monitoring. (https://www.govinfo.gov/content/pkg/CFR-2020-title16-vol1/xml/CFR-2020-title16-vol1-sec314-4.xml ) Recently, we had an inquiry for a “GLBA Risk Assessment.”  Our first thought was “Most IT risk assessments performed by financial institutions are GLBA risk assessments.”  Looking further at the request, report deliverable samples showed a [...]