Colleges and universities have been subject to the Gramm-Leach-Bliley Act (GLBA) Safeguards Rule for almost 20 years. Yet, without a strong enforcement mechanism most institutions have not assessed their own compliance.
For the first time, the United States Office of Management and Budget (OMB) included audit objectives for colleges and universities concerning compliance with the Safeguards Rule in the Single Audit Compliance Supplement for 2019. The Safeguards Rule requires institutions to protect sensitive financial data about students and parents/guardians by implementing several controls and processes. Listen in to the recorded webinar as our higher education and cybersecurity specialists explore the GLBA requirements, the new Single Audit testing and share case studies on compliance
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