Advances in information technology have enables companies to collect, compile, analyze and deliver data around the world much more quickly and cheaply that ever before. These technological advances have also brought new challenges to protecting information privacy. The American public has shown strong concerns about the privacy of its personal information – buying habits, medical records, personal and financial information, to name just a few. With this in mind, this course presents the fundamentals on privacy regarding the use of personal information that is obtained from customers and consumers in the course of running a business and more specifically, within a financial institution.

Learning Objectives:

• Explain the Gramm-Leach=Bliley Act and its key purpose
• Appreciate the driving forces behind the privacy regulation
• Understand and apply key privacy terms and concepts
• Understand an organization’s obligations under the privacy regulations
• Perform your job functions in a manner consistent with the privacy requirements
• Learn how an organization’s Privacy Notice is properly distributed in the course of customer interaction
• Accurately address basic questions and issues regarding privacy
  

Course Outline:

• The GLBA and Security Concepts
• Privacy Notices
• Protecting Customer Information

Rev-Jun. 2019. Course length 35 minutes. This course is worth 0.5 CPE credit.