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By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company in maintaining a document disposal program that meets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®
Called today to schedule service and they're coming next week. They were as pleasant and efficient on the phone as they were accommodating.
Molly K12/05/2016Proshred 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 Holstein12/05/2016Great service at a great price - will definately recommend to anyone who needs to get rid of information.
Simone11/13/2015They were professional and kind and even took me in to see how they weigh and shredded my documnets.
Tareq Sweis12/05/2014I 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
Chase4/29/2015Pro-Shred is the greatest thing ever, best $$$$ ever spent. The guy who shredded my documents was courteous, friendly and professional. Years of paper clutter... read morePro-Shred is the greatest thing ever, best $$$$ ever spent. The guy who shredded my documents was courteous, friendly and professional. Years of paper clutter was gone within minutes, as I stood and watched. Thank you Pro-Shred! read less
Elaine9/01/2016Been using their services for over a year and am always impressed by the level of professionalism exhibited. Always prompt, always on-time, always courteous, and... read moreBeen using their services for over a year and am always impressed by the level of professionalism exhibited. Always prompt, always on-time, always courteous, and always fair in pricing. What more can one ask in a service? They are simply the best shredding company one can use - bar none! read less
John G Kaleel12/05/2018Very 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 Jajowka12/05/2014PROSHRED is a great company! Their customer service has been great. The guys who pickup the documents for shredding are always friendly and... read morePROSHRED is a great company! Their customer service has been great. The guys who pickup the documents for shredding are always friendly and courteous and the people in the office are always prompt and responsive to your requests.It's nice to work with PROSHRED. I sincerely value our business relationship! read less
Vicky Rehberg12/05/2014We just started using Proshed and love the convenience. A member of my team walked out with the gentleman to the truck and was... read moreWe just started using Proshed and love the convenience. A member of my team walked out with the gentleman to the truck and was impressed with the way the operation works to shred the documents on site.Thank you. read less
Carol McCadd12/05/2016After calling four companies to compare shredding services, two of which never returned my call I spoke to Adria at ProShred. Based on the... read moreAfter calling four companies to compare shredding services, two of which never returned my call I spoke to Adria at ProShred. Based on the friendly, courteous and informative customer service, along with the inexpensive quote we scheduled an appointment. We were able to schedule within days of my initial call. The employee who handled the shredding was very professional. We will definitely be contacting ProShred for all of our shredding needs in the future. Thank you so much for the great service. read less
Annette1/26/2017Great Customers Service and helpful staff! Within minutes of my inquiry I had a response!
Mary B12/05/2014Our company began using Proshred a little over 3 years ago and we couldn't be happier.Great Company awesome customer service. Dennis Lyons ( Sales Manager)... read moreOur company began using Proshred a little over 3 years ago and we couldn't be happier.Great Company awesome customer service. Dennis Lyons ( Sales Manager) is great! He takes care of everything we need,he makes the shredding process easy breezy, he is always ready to help and is so upbeat. read less
Lizette Herrera12/05/2016Did exactly what they said they would for the amount agreed to!
Marcia7/23/2017
