WHAT IS GRAMM-LEACH-BLILEY?
The Gramm-Leach-Bliley Act (GLB or Act) requires “financial institutions” (which includes colleges and universities) to protect the privacy of their customers, including customers’ nonpublic, personal information. Because universities are governed by GLB,* The Catholic University of America has a responsibility to secure the personal records of its students and employees. To ensure this protection, GLB mandates all institutions establish appropriate administrative, technical and physical safeguards. In an effort to set safeguarding standards, the Act directs that all financial institutions implement an Information Security Program, and designate a program coordinator. CUA has designated the Director of Academic Technology Services for Center for Planning and Information Technology as the Program’s coordinator. *GLB also requires financial institutions to provide notice to customers about their privacy policies and practices, but institutions of higher education are generally exempt fro
