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(Gramm-Leach-Bliley Act) Enacted in 1999 and effective mid-2001, the GLBA (officially the Financial Services Modernization Act of 1999) stipulates that every financial institution shall protect the security and confidentiality of its customers' confidential personal information. In addition, the Act requires data subjects to be informed of privacy policies and to have an opportunity to inspect and correct their own records. For more information, visit and See privacy.


The degree to which an individual can determine which personal information is to be shared with whom and for what purpose. Although always a concern when users pass confidential information to vendors by phone, mail or online, the Internet brought this issue to the forefront. Websites often have privacy policies that stipulate exactly what will be done with the information you enter. For more information, visit and Contrast with confidentiality, which deals with unauthorized access to data. See vault app, privacy policy, CPO, EU Directive, GLBA, HIPAA and P3P.

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