permits any FHC to make equity investments up to 100% of a commercial firm under the merchant banking authority of the GLBA
The FTC states that its interest in mobile payment systems "stems from its mandate to protect consumers in the commercial marketplace, as well as its broad jurisdiction over many of the companies that participate in the mobile payments ecosystem." (150) The FTC has jurisdiction over these companies through the FTC Act (151), the GLBA
(152), and provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
(112) The arrival of mobile payment technology would pose new and unique problems for the institutions required to comply with the USA Patriot Act and the GLBA
However, the bureau maintains that GLBA
permits several exceptions to those notice and opt-out provisions that would allow an advisor and financial professional to report suspected financial abuse of an elder without violating the law or first obtaining consumer authorization.
Frost & Sullivan goes on to say that "M.A.D.'s solution also meets the compliance requirements of diverse sectors such as Health Insurance Portability and Accountability Act (HIPAA) for healthcare, Payment Card Industry (PCI) for retail and Gramm-Leach-Bliley Act (GLBA
) for finance.
A decade later, in the wake of the worst financial crisis since the early 1930s--followed by the worst economic recession since the early 1980s, possibly since even the 1930s--the GLBA
has instead been flailed by critics as a major cause of the financial crisis of 2007-2009.
, commercial banks were provided the authority to make
The Group also concluded that Trend MicroAAEs solution provides pre-configured compliance templates like PCI-DSS, GLBA
, US PII, SB-1386 and HIPAA, delivers a more secure solution for protecting sensitive data from loss via Windows XP endpoints and gives a better user experience as data protection does not interfere with normal use of applications.
12, 2009, will mark the 10-year anniversary of the signing of the Gramm-Leach-Bliley Act (GLBA
) by President Clinton.
The company said that the technology behind the mantra appliance provides comprehensive enterprise database activity monitoring, including continuous monitoring and audit access to critical data, analysis detection and protection against any non-compliance or data theft, and ready to use data compliance reports for SOX, PCI, HIPAA, FISMA, GLBA
and other compliance regulations.
"The number and impact of security breaches have dramatically increased in the last couple of years, even though companies were in compliance with standards like PCI, GLBA
, FFIEC, FISMA and others." If organizations continue to focus on security by compliance, he argues, the adversaries will continue to win as their attacks become more effective and more damaging.
Reporting/Compliance: Aids compliance for regulatory mandates with 360 degree reporting and analysis; provides industry, regulatory and best practices templates for ISO 17799, SOX, HIPAA, GLBA
, NIST, SCAP, FISMA, etc.