| The Gramm-Leach-Bliley Act's privacy provisions are the focus of this course. The GLB Act was signed into law by President Clinton on November 12, 1999.
The GLB Act's privacy provisions protect consumers' personal financial information by regulating how financial institutions use that information. The privacy provisions consist of three principal parts:
- Pretexting Provisions
- Financial Privacy Rule
- Safeguards Rule
Course Outline:
Lesson 1 - Introducing Privacy
- The Gramm-Leach-Bliley Act
- Financial Institutions
- Identity Theft
- Identity Theft Trends
- Pretexting
- Phishing
- Preventing Identity Theft
Lesson 2 - The Financial Privacy Rule
- The Financial Privacy Rule
- Nonpublic Personal Information
- Consumers vs. Customers
- Privacy Notice
- Opt Out Notice
- Restrictions on Sharing
- Compliance Checklist
- State Privacy Laws
Lesson 3 - The Safeguards Rule
- The Safeguards Rule
- Information Security Program
- Information Security Guidance
- Information Systems
- Managing Systems Failures
- Employee Management and Training
- Compromised Information
- Protecting Customer Information - A White Paper
- Protecting Customer Privacy - Scenarios
Course Credit:
Completion of this course earns five points toward MBA's Certified Mortgage Banker (CMB), or Certified Mortgage Technologist (CMT) designations. This course also earns five points towards MBA's Certified Residential Underwriter (CRU Level III) Specialist Designation. |