Gramm Leach Bliley Act compliance.
Get the visibility you need to comply with the Gramm Leach Bliley Act (GLBA) and the Safeguards Rule using Transcend’s simple data governance solutions. Transcend’s automatic data discovery and mapping capabilities help companies meet GLBA requirements with ease.
New to GLBA Compliance?
What businesses need to know
GLBA, originally passed in 1999, has long set the standard for how the financial industry handles nonpublic personal information (NPI) about finances. Recent updates to the Safeguards Rule requires additional data governance protections.
New Safeguards Rule
With this rule, the FTC added additional requirements for businesses to track data retention periods, ensure secure disposal of data, and to report to their board of directors on data footprint and information security.
Definition of financial institution
With the new Safeguards Rule the FTC expanded the definition of financial institution to include those engage in activities “incidental to financial activities,” such as “finders” who bring together buyers and sellers of a service.
GLBA and other privacy laws
While state privacy laws provide some exemptions for specific data covered by the GLBA, companies should not conflate this with a blanket exception. Any information collected for purposes other than financial ones (e.g. advertising, tracking, etc.) is subject to state privacy law requirements.
Compliance without complexity
Engineered for simplicity, efficiency, and seamless compliance.
Privacy Requests
A fully automated, easy-to-use operating system for privacy request compliance. From access to opt out requests, and more. Secure infrastructure governs user data anywhere it's stored, without human intervention.
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Data Mapping
Through powerful, automated scans, Transcend discovers your company’s data silos and organizes data schemas and objects. Enjoy singular visibility, all in a collaborative platform where you can delegate tasks, see system owners, and generate audit logs or compliance reports.
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Full-stack Consent
The only solution that governs both client-side and backend user consent. Enjoy fully customizable consent experiences that handle any region, any device, and any domain.
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