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By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company in maintaining a document disposal program that meets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®
Our experience with Proshred was fantastic. They came out in within 24 hours and were very fast, professional and friendly. They answered all of our... read moreOur experience with Proshred was fantastic. They came out in within 24 hours and were very fast, professional and friendly. They answered all of our questions regarding the shredding process and also provided us with a Certificate of Destruction upon completion. Our sales rep is great and we will continue to use their services for years to come. THANKS AGAIN PROSHRED! read less
Lisamarie Tiritilli12/05/2014I 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
Chase4/29/2015We 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
Tracy4/27/2017We use Proshred Southern NJ for our business, have used them for other functions and have referred them to many of our customers. Excellent... read moreWe use Proshred Southern NJ for our business, have used them for other functions and have referred them to many of our customers. Excellent service and certainly takes the worries out of any of our shredding issues. I highly recommend contacting Simone to discuss her shredding business. read less
Marty6/18/2015I'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
John9/05/2017We 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 lessLisa1/18/2018Love that they come to your home (or place of business). Felt good about our documents being completely shredded. You can watch it... read moreLove that they come to your home (or place of business). Felt good about our documents being completely shredded. You can watch it being done. read less
Jill7/05/2017On time, pleasant, reasonable and efficient. Facilitated a house clean out if 20+ years of paperwork
Carol7/18/2017Such a great service! Cost effective and efficient. Would recommend to any business who is looking to protect their/their clients data.
Brian6/18/2015ProShred does an excellent job with our shedding needs. The person who comes by and picks up is always friendly and makes sure we all... read moreProShred does an excellent job with our shedding needs. The person who comes by and picks up is always friendly and makes sure we all have put our shedding in the container.
Great valve!!!! read lessDon2/12/2016Positive 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
Krista10/06/2017ProShred 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 Nowak12/05/2014Made my shredding experience as hassle free as possible. Will use them again for my companies shredding needs.
Shannon Kampf12/05/2014These are the guys to use!!! I would definitely recommend...
Brock12/20/2016They were professional and kind and even took me in to see how they weigh and shredded my documnets.
Tareq Sweis12/05/2014
