Keep It Under Your Hat.

• Position: Brief Article

Both the banking and insurance industries need to move quickly to be ready to implement the privacy provisions of the new Gramm-Leach-Bliley Act, which will become effective later this year, says a new survey from KPMG. According to JoAnn Barefoot, partner with KPMG's financial services consulting practice, "The survey results reflect the fact that banks have been in the privacy spotlight this year, with both regulators and litigation...