The Gramm-Leach-Bliley Act (GLBA)
What is GLBA?
Also known as the Financial Services Modernization Act, the Gramm-Leach-Bliley Act (GLBA) was enacted in 1999 to protect private consumer information held by financial institutions.
The GLBA requires banks to develop privacy notices and to provide customers with the option of prohibiting the sharing of their confidential information with non-affiliated third parties. On July 1, 2001, the Act was amended, requiring financial organizations to have a comprehensive, written information security program in place.
Who is affected by GLBA ?
The GLBA applies to virtually every business in the United States engaged in the “financial services” industry: institutions that provide financial products and services to consumers. This applies to all national banks and federal branches of foreign banks that are required to follow US banking regulations.
According to the Act, financial institutions are required to implement a comprehensive, written information security program that includes proper administrative, technical and physical safeguards, the nature of which are dependent upon the size and complexity of the organization. This requirement extends to any subsidiaries of the parent financial organization. The program must be designed to protect consumers’ non-public, personally-identifiable information by ensuring security and confidentiality of data, by preventing potential risks and threats to data, and by protecting against unauthorized access to or use of consumers’ private information.
When using service providers such as an outsourced document destruction company, financial institutions have a duty to safeguard their customers’ information while it is in the possession of the outsourced company. To adhere to this, the financial organization must use due diligence in selecting, managing and monitoring the service provider to ensure consumers’ private information is protected. This includes entering into contracts with an outsourcer when appropriate.
Your Partner in Regulatory Compliance.
By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company in maintaining a document disposal program that meets GLBA regulations. Using state-of-the-art technology, our highly trained and certified security professionals efficiently shred all documents right on your premises. We give you the option to watch the shredding process, and also provide you with a Certificate of Destruction that records each shred. Trust PROSHRED® as your partner in compliance with GLBA shredding requirements for maintaining your document security program.
For more information on the Gramm-Leach-Bliley Act (GLBA), please visit: Federal Trade Commission.
What Are People Saying About PROSHRED®
I cannot provide enough positive feedback regarding ProShred Arizona. Patty, Joe, and the entire Proshred Arizona team consistently exceeding expectations. Proshred Arizona also... read moreI cannot provide enough positive feedback regarding ProShred Arizona. Patty, Joe, and the entire Proshred Arizona team consistently exceeding expectations. Proshred Arizona also regularly supports community causes. I highly recommend working with Proshred Arizona for all of your document destruction and shredding needs. read less
Jason2/04/2014Excellent, timely and professional service. But, that's not all: this is a company that GIVES BACK to our communities - by being an active... read moreExcellent, timely and professional service. But, that's not all: this is a company that GIVES BACK to our communities - by being an active and supportive MEMBER of the Midstate Chamber of Commerce AND they also go above and beyond and host special COMMUNITY shredding events throughout the year, and some of those benefit charitable organizations. That deserves more than 5 stars... read less
Rosanne12/19/2016Our Proshred pickups are always on time and they are very friendly. We have a container in the basement and our guy never complains... read moreOur Proshred pickups are always on time and they are very friendly. We have a container in the basement and our guy never complains about having to walk up and down the flights of stairs! :) read less
Kristen Dixon12/05/2016We are a busy law firm and have just started with ProShred. We LOVE them!! They have taken what was a time consuming task and... read moreWe are a busy law firm and have just started with ProShred. We LOVE them!! They have taken what was a time consuming task and made it so simple. There service is professional and we feel good about shredding and recycling all the paper that our office generates. I would Highly recommend them. read less
Theresa Hawryszkow12/05/2014Always courteous, very flexible. Employees are always in a great mood and respectful.
Renae Hernandez12/05/2016Proshred of Houston was a great experience. Travis Price, the driver was courteous and completed the job quickly.
Judy9/12/2018Yeah! Bravo! Great!
excellent company; excellent work; excellent employer!Robin1/03/2015I brought 40 lbs of paper to get shredded during their open door, 3rd Saturday. They weighed my stuff and then I got to watch... read moreI brought 40 lbs of paper to get shredded during their open door, 3rd Saturday. They weighed my stuff and then I got to watch my items get shredded. I just wish they were a bit closer to Chicago proper. read less
Paquita Poindexter12/05/2017Very easy to setup an account, very professional and courteous staff, always on time and deliver great service at a great price! Would Recommend... read moreVery easy to setup an account, very professional and courteous staff, always on time and deliver great service at a great price! Would Recommend especially for small businesses! read less
Michael Bohm12/05/2016A customer-focused professionally-run company that comes to your house and shreds your private papers as you watch for a surprisingly reasonably price!!! Gave... read moreA customer-focused professionally-run company that comes to your house and shreds your private papers as you watch for a surprisingly reasonably price!!! Gave me estimate over the phone which turned out to be accurate for shredding my 15 large garbage bags of personal papers -- $167 to get it all gone. read less
Pat8/02/2017We have used Proshred in the past for a small amount of documents. They were very professional, efficient and friendly. I look forward to using... read moreWe have used Proshred in the past for a small amount of documents. They were very professional, efficient and friendly. I look forward to using them again for future shredding needs. read less
Rosa Dolan12/05/2014Did exactly what they said they would for the amount agreed to!
Marcia7/23/2017They did a great job. On time and very professional.
Scot2/05/2019The best place to do your paper shredding and electronics destruction.
John Callaghan12/05/2017Good, Professional Service. We will continue to use them for our future shredding needs!
Mike Mackaluso12/05/2014
