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By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company in maintaining a document disposal program that meets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®
The customer service is always great. You can call and reschedule with no hassles. Great prices as well.
Elizabeth Lopez12/05/2014Proshred has proven to be a very professional, reliable and customer-oriented business and we love using them! We have trusted them with our sensitive document... read moreProshred has proven to be a very professional, reliable and customer-oriented business and we love using them! We have trusted them with our sensitive document shredding and recycling needs for years and they never disappoint! I would highly recommend them for your business. read less
Kali Holstein12/05/2016-
Talk about taking the worry out of things, from the paper schedule to the lady who calls to confirm the schedule the day before... read moreTalk about taking the worry out of things, from the paper schedule to the lady who calls to confirm the schedule the day before to the driver(s) who are courteous and professional to even the owner whom I've had answer the phones and help me, this is a top notch organization read less
Todd12/31/2019 -
Quick, friendly service! Will be visiting them again.
Rw6/20/2019 I have been using ProShred for the past 3 years in our office and find them to be helpful and prompt when needing their services... read moreI have been using ProShred for the past 3 years in our office and find them to be helpful and prompt when needing their services and I find them to be very reasonable in the pricing. Makes things alot easier around our office when it's time to do a cleanup.Thank you Pro Shred! read less
Peggy Capes12/05/2016-
Pro Shred always goes beyond the call of duty to keep everyone happy. Their service is excellent!
Vincent1/28/2019 Excellent service at my place of business had me hire them to come to my home as well.
John Sauber12/05/2016PROSHRED is great at what they do. They are prompt, knowledgeable and friendly. and definitely a business to utilize.
Caitlin5/22/2017-
A very professional atmosphere and business. Staff were helpful with my needs and gave me good advice on future assistance available. I plan to return.... read moreA very professional atmosphere and business. Staff were helpful with my needs and gave me good advice on future assistance available. I plan to return. Thanks for the help.
Patricia Rogers read lessFrank1/21/2020 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
Jason2/04/2014Reliable with great service. We have used many shred vendors in the past but none have performed as well as ProShred. Finally a shred vendor... read moreReliable with great service. We have used many shred vendors in the past but none have performed as well as ProShred. Finally a shred vendor that consistently get's it right at an affordable cost. Keep up the good work! Looking forward to future business with ProShred. read less
Zachary Rice12/05/2014I've worked with the team at Proshred as a business partner to deliver a solution for a customer of mine. It is critical for... read moreI've worked with the team at Proshred as a business partner to deliver a solution for a customer of mine. It is critical for me to have a partner deliver services in a quality manner as it reflects directly upon me and upon my firm. Proshred does outstanding work and as such I continue to leverage their expertise for my customers. Thank you! read less
John9/05/2017First class service all the way around! We are a new customer and have been impressed with pricing and service!
Sondra11/06/2017Pro Shred does an excellent job for our office. They are very professional and your documents are safe and secure, always!
Mike Baker12/05/2016Positive 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
Krista10/06/2017
