GLBA, Section 501(a) & (b)

FOS performs GLBA compliance audits for more than 30 clients.  Our professionals receive specialized training in this area through third party continuing education events and subscription to regulatory updates.  Our GLBA program is contained throughout our audit plan.  Typically, we review safeguarding of customer information compliance in each functional audit area and in our information technology audit.  Our program includes observations and walkthrough testing of operational areas for compliance. 

Our comprehensive audit procedures include the provisions outlined in the Act, including: privacy policy and disclosure content, disclosure dissemination, GLBA risk assessment practices, safeguarding of information policy/procedures, management and Board of Director reporting, training programs, complaint monitoring, and application of physical and logical safeguarding controls.