Gramm-Leach-Bliley Act (GLBA) Business Continuity Requirements Checklist

Download Free Gramm-Leach-Bliley Act (GLBA) Business Continuity Requirements Checklist

The Gramm-Leach-Bliley Act (GLBA) was enacted in late 1999 and was intended to enhance competition in the financial services industry. Among other provisions, the GLBA requires financial institutions (and others that operate in the financial services industry) to create and implement policies to protect private information from foreseeable threats in both security and data integrity. Such requirements for Business Continuity / Disaster Recovery are:

1. Initial response.
2. Notification.
3. Problem assessment.
4. Escalation.
5. Disaster declaration.
6. Plan activation.
7. Plan implementation activities and logistics.
8. Disaster recovery phase implementation.
9. Business continuity phase implementation.
10. Resumption and normalization of business activities.
11. Review of event, revision of BC/DR plan based on lessons learned.