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Gramm-Leach-Bliley Act (GLBA): This act requires federal banking agencies to establish information security standards for financial institutions so that financial institutions protect the non-public personal information of consumers. The act has three main parts: 1) The Financial Privacy Rule; 2) The Safeguards Rule; and 3) The Pretexting provisions. GLBA is also known as The Modernization Act of 1999.

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