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By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company in maintaining a document disposal program that meets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®
Proshred is a great team to do business with. They Care...simple as that !!! They will come to where you are and shred all... read moreProshred is a great team to do business with. They Care...simple as that !!! They will come to where you are and shred all of your documents, right then, and there....they make it easy..... read less
Rinny2/22/2017Thank you for taking care of my client's documents on site. Easy to schedule, on time and courteous!
Gabrielle2/08/2017I found ProShred DFW to be fast, convenient, and REALLY affordable! The kind hearted and professional people who make up the organization is my favorite... read moreI found ProShred DFW to be fast, convenient, and REALLY affordable! The kind hearted and professional people who make up the organization is my favorite part about them. read less
Chase4/29/2015We 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 Hawryszkow12/05/2014Excellent to work with. Scheduling and process was easy, convenient and stress free. Will keep using Proshed and will kindly recommend.
Felicia Shotkoski12/05/2014This was a great experience. It was quick and I saw my documents being shredded
Pam3/23/2017Convenient 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 Kirk12/05/2018Proshred is well managed by staff who are honest and very customer focused. Whenever I am asked for a recommendation for shredding service, I always... read moreProshred is well managed by staff who are honest and very customer focused. Whenever I am asked for a recommendation for shredding service, I always point to ProShred. read less
Jenny9/01/2017These are the guys to use! Very professional and what a pleasure to do business with. I would only use Proshred for #shredding in Minnesota!
Brock12/01/2016We feel very safe in using ProShred to destroy private business documents. This comfort level comes with seeing same employee come each month to... read moreWe feel very safe in using ProShred to destroy private business documents. This comfort level comes with seeing same employee come each month to service our account since signing on years ago. He is always courteous, knowledgable, professional and happy! Tracy Curran, President J. J. Curran & Son, Inc. read less
Tracy4/27/2017In 2014 I researched each shredding company in the area, for the business I was summer interning for! Proshred was the nicest and most bang... read moreIn 2014 I researched each shredding company in the area, for the business I was summer interning for! Proshred was the nicest and most bang for our buck! In 2015, I was hired full time and it was time for another shredding service! We had such a great experience with them in the past, we decided to use Proshred again! They are great people and run a great company! read less
Meghan12/23/2015Wow, a shredding company that answers the phone!! A company that does what they say they are going to do…come to your location, show... read moreWow, a shredding company that answers the phone!! A company that does what they say they are going to do…come to your location, show up on time, professional people, and fast service.I highly recommend Proshred. read less
Donald Trumble12/05/2016First time using this service on a walk-in Saturday event. Convenient, fast, easy service and the staff was great! Prices reasonable compared to the amount... read moreFirst time using this service on a walk-in Saturday event. Convenient, fast, easy service and the staff was great! Prices reasonable compared to the amount of personal shredders I have gone through. I will be back again! read less
Shaunese Henry4/05/2019Proshred is a fabulous and accommodating company! They go "above and beyond" to ensure customer satisfaction. Their staff is very friendly and guarantee your satisfaction... read moreProshred is a fabulous and accommodating company! They go "above and beyond" to ensure customer satisfaction. Their staff is very friendly and guarantee your satisfaction with their services. I definitively recommend Proshred. read less
Connie Shifflet12/05/2018Very 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 Bohm12/05/2016
