Gramm–Leach–Bliley Act

The provided scenario pertains to the XYZ Credit Union/Bank. The issues or risks that could or would be faced by the XYZ Credit Union/Bank starts with the fact it must meet the government mandated compliance with Gramm-Leach-Bliley Act (GLBA). The major aspect of GLBA is the security of customer data, which incudes the confidentiality and integrity of the customer data. The confidentiality and integrity of customer data should be controlled by the level of access provided to each employee. Other factors include how each branch is electronically connected to headquarters and each other. The connection between branches and headquarters will need to secured. The availability of the network, systems and servers will be critical to the customer…