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Gramm-Leach-Bliley Act

The Gramm-Leach-Bliley Act (GLBA) requires the University of Minnesota to implement safeguards to insure the security and confidentiality of certain non-public customer information. This imposes on the University the obligation to select only vendors that can demonstrate their ability to safeguard non-public financial information to which vendors might have access, or be granted access by the University.

Most departments will not have exposure to the GLBA. However, it is important to be aware of the activities that can subject a department or program to the law. The following link offers information on the implementation of safeguards, examples of financial service or products that can subject a departments or program to the law, and Frequently Asked Questions (FAQ) about the applicability of the GLBA to various University activities and programs.
 
Link to Gramm-Leach-Bliley Compliance at the University of Minnesota.
 
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