Archive for August 1st, 2003

The Privacy Place Team Completes GLBA Privacy Policy Analysis

Friday, August 1st, 2003

A new analysis of 40 online privacy statements from nine financial institutions that are covered by the Gramm-Leach-Bliley Act (GLBA) was completed in July. Our findings show that compliance with the GLBA “clear and conspicuous” requirement by the analyzed policies is at best questionable, and demonstrate that most policies require a reading skill considerably higher than the Internet population’s average literacy level.