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Security Glossary of Terms

GLBA

The Gramm-Leach-Bliley Act (GLBA) is a law enacted in 1999 that addresses the privacy of a customer's personal banking information. GLBA attempts to address the dangers introduced by emerging social engineering threats by protecting banking customers from false pretense attacks, where a hacker, or cracker, will try to obtain the identity or financial records of a customer for political or monetary gain. The act also helps to protect customers from banks who sell a customer's private information to third parties who may use it for advertising or marketing purposes. See Spam.



Last updated Thursday, 05-Apr-2012 12:11:54 MDT

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