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By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company in maintaining a document disposal program that meets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 started Utilizing Proshred about 3 months ago, and my experience has been wonderful. A lot of the information we handle is extremely confidential, and... read moreI started Utilizing Proshred about 3 months ago, and my experience has been wonderful. A lot of the information we handle is extremely confidential, and they do a good job at assuring documents are shred. I would recommend their services to anyone. read less
Aura Mendoza12/05/2014Dropped off four boxes for shredding. Prompt, friendly service at a very reasonable price.
David3/02/2018Great service, great prices, what more could you want?
Simone2/09/2017Very professional and helpful. The salesman that I dealt with back in June 2013 explained everything to me and answered all my questions. ... read moreVery professional and helpful. The salesman that I dealt with back in June 2013 explained everything to me and answered all my questions. It was our first time shredding and he was very patient and courteous. I would certainly recommend Proshred for on-site document destruction. read less
Michelle Jajowka12/05/2014Awesome service! I would certainly highly recommend using Proshred for your business, they are very efficient and always a pleasure to work with.
Pearl Chitava12/05/2016Convenient and easy to get rid of your paperwork without having to shred yourself or worry about it falling into the wrong hands. Just call... read moreConvenient and easy to get rid of your paperwork without having to shred yourself or worry about it falling into the wrong hands. Just call ahead to make sure the truck is available and not out on a job. read less
Nancy Kirk12/05/2018The service is reasonably priced. The staff is professional and thorough. In the past we spent lots of hours shredding documents at our medical practice... read moreThe service is reasonably priced. The staff is professional and thorough. In the past we spent lots of hours shredding documents at our medical practice and the ProShred service has saved us thousands of dollars. I highly recommend ProShred for large and small ongoing shredding jobs. read less
Maura Oreilly12/05/2014I 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
Jason2/04/2014Honest, Integral members of our Business Community!
Joe2/09/2017On time, pleasant, reasonable and efficient. Facilitated a house clean out if 20+ years of paperwork
Carol7/18/2017Awesome company! I've used Proshred several times for my shredding needs and have never been disappointed with their service. Fast, reliable, and timely!
Tina Stasi12/05/2018Positive experience from beginning to end. I had a consultation and less than a week later Pro Shred was out at my company. ... read morePositive experience from beginning to end. I had a consultation and less than a week later Pro Shred was out at my company. Very courteous with their reminders and follow up. The guys were great - came in and introduced themselves, letting us know about the whole process, asking if we had any questions. Can't beat their customer service. And the price was unbeatable! read less
Krista10/06/2017I LOVE Proshred! I have been with them almost a year and I couldn't be happier with the results. Fast, friendly service and no more... read moreI LOVE Proshred! I have been with them almost a year and I couldn't be happier with the results. Fast, friendly service and no more time spent "hanging out" by the shredder for me or my employees. We drop it in the bin and from our minds. read less
Nicole Kleidon12/05/2016We had proshred come to our shop. The gentleman who arrived was fast and efficient and very nice. From pricing to completion everything... read moreWe had proshred come to our shop. The gentleman who arrived was fast and efficient and very nice. From pricing to completion everything went very smooth.
Thanks for the help,
JAKES Industrial, Inc. read lessLisa1/18/2018ProShred is a great company to work with! They are very helpful and the people working there are nice people. We have been... read moreProShred is a great company to work with! They are very helpful and the people working there are nice people. We have been a customer for several years and they have never disappointed us. Give them the opportunity to help you!Dawn NowakQuestcor read less
Dawn Nowak12/05/2014
