GLBA Compliance

In the United States, the Gramm-Leach-Bliley Act (GLBA) seeks to protect consumer financial privacy. It requires financial institutions to explain their information-sharing practices to their customers and to safeguard sensitive data.

Does the GLBA apply to my organization?

In general the GLBA applies to businesses that are "significantly engaged" in "financial activities" and can include tax preparers and accountants, among other financial institutions.

What does GLBA require me to do?

• Give appropriate privacy disclosures including opt-out requirements
• Utilize appropriate safeguards to ensure the security and confidentiality of client information

Learn more on the GLBA Privacy Rule and Safeguards Rule

How does using ClientTable make me GLBA compliant?

When implemented correctly in your compliance program, ClientTable can support your compliance with establishing appropriate Safeguards and addressing the Privacy Rules.

Safeguards. When you use ClientTable, you can be sure that we continually review technology standards and utilize best security practices. We employ numerous layers of protection ensuring your data (and your client’s data) is safe in transmission, in storage and backed-up. You can read more on our security page.

With ClientTable you can be more organized in how you handle client communication, information and documents. With a central repository for information it makes it easier to find, remove and act on any data requests. This could save you hours and make you more compliant when compared to sifting through years of emails and unorganized client data.

Note

GLBA compliance applies largely to ‘financial institutions’. When implemented correctly, ClientTable’s service gives you the tools to support GLBA compliance of your business, which may be subject to GLBA. 

‍ClientTable is not a compliance consulting or legal firm. The above information should not be taken as legal advice and is general in nature. While we cannot provide legal advice, we're happy to point you in the right direction. Feel free to contact us at support@clienttable.com. 

‍Additional details can be found in our Terms of Service, Privacy Policy and Security pages.