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By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company in maintaining a document disposal program that meets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®
We were looking for a shredding service that we could trust and fairly priced. Proshred is perfect for both. They come pick up... read moreWe were looking for a shredding service that we could trust and fairly priced. Proshred is perfect for both. They come pick up and you can watch via the video screen on the outside of the truck your items being shredded onsite! No mystery about where your documents are being taken! Destruction notice issued immediately. Pickups are scheduled and they arrive at the designated time you are given. I highly recommend Proshred for all your document shredding needs! read less
Valorie Peck12/05/2014First class service all the way around! We are a new customer and have been impressed with pricing and service!
Sondra11/06/2017These are the guys to use!!! I would definitely recommend...
Brock12/20/2016Proshred is a fantastic company to work with. They’re reliable, efficient, affordable, and so personable. We were so happy with them and I would like... read moreProshred is a fantastic company to work with. They’re reliable, efficient, affordable, and so personable. We were so happy with them and I would like to recommend their services. Thank you Proshred! read less
Patty4/21/2018In 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
Meghan12/23/2015-
Just wanted to let you all know what a good job you are doing. From the first contact, to the scheduling and the eventual pick... read moreJust wanted to let you all know what a good job you are doing. From the first contact, to the scheduling and the eventual pick up and shredding everything was handled professionally, quickly and in a friendly manner. A special thanks to Donnie ..his smile, attitude, and quick service were greatly appreciated. I would highly recommend your company. Thanks...Beverly Barton...Doc's Place Toyota, Jackson, NJ read less
Bev2/18/2020 -
Fantastic service at Proshred! Very courteous and helpful as well as being on time and efficient. FIVE STARS⭐️⭐️⭐️⭐️⭐️ for your service today! ... read moreFantastic service at Proshred! Very courteous and helpful as well as being on time and efficient. FIVE STARS⭐️⭐️⭐️⭐️⭐️ for your service today! Thank you! Kathleen Divito, DDS read less
Kathy6/28/2019 Local company with great service. If you need anything shredded they are the people to call.
Wael6/08/2017Great company!! Very friendly staff! Will definitely recommend!
Tiffany L12/05/2018The team is always friendly and efficient.
Carol McGury6/05/2019I hesitated to spend the money, but I am glad I did and got all those bags of paper shredded so quickly and efficiently. Good service.
Wendy Easton12/05/2016After two years, we continue to use Proshred and it continues to be a great experience for our law firm. They provide timely certificates... read moreAfter two years, we continue to use Proshred and it continues to be a great experience for our law firm. They provide timely certificates of destruction that are essential with respect to the type of information we handle. They are always punctual and are very flexible with respect to pickup times and frequency. I would highly recommend Proshred. read less
Michael Tomlinson12/05/2016Pleasant, Great Company, Trust Worthy, enjoy the peace of mind knowing that our sensitive materials are in good hands!
Eddie7/07/2017ProShred is easy and inexpensive.
I have limited need for shredding services--every year or two, I need to shred some old credit card slips and bank... read moreProShred is easy and inexpensive.
I have limited need for shredding services--every year or two, I need to shred some old credit card slips and bank statements and such. It is always very easy to load 8-10 boxes of stuff in the back of my station wagon, drive it over to ProShred and then unload it into a bin, pay the fee and I'm on my way. Easy peasy. The staff is aways friendly and cheerful; they will do my shredding for the foreseeable future. read lessDave5/09/2017Proshred is awesome, customer service was a delight
Zach12/21/2017
