GLBA Assessment

In 1999, regulators and bankers saw a new era in modern financial services, with new opportunities for business lines, markets, and profits. Nearly a decade later, we are still sorting out the compliance burdens that accompany those new opportunities.

Specifically, GLB requires that each community bank implement and maintain a thorough, structured security program that protects both customer privacy and security of customer data, and that prevents intrusion into the bank’s secure environment.

As part of GLBA Compliance Reviews, Brintech’s consultants work with financial institutions to

• Assess bank vulnerabilities
• Create a GLBA gap analysis
• Recommend strategies for filling the gaps and managing GLBA Compliance profitably.

Can You Classify Your Data?

bSECURE provides the tools needed to assess information security risks and document the policies, procedures, and controls to address those risks.

The critical component of bSECURE is the Data Classification Model. Judging solely from an information security perspective, which is what GLBA calls for, bSECURE assesses the criticality of each system to determine

• How sensitive is the data in the system?
• How much sensitive data is there in the system?
• What is the impact if the integrity of the data is compromised?
• What is the impact if the confidentiality of the data is breached?
• What is the impact if the data is not accessible?

bSECURE enables the bank to identify potential risks to its information systems, assess the likelihood of the risk event occurring, the exposure to the bank if it does occur, and inventory the relevant controls that mitigate those risks and exposures.

Request a live demo of bSECURE, or request a proposal for a GLBA Assessment today!