MBA Unit Unveils Info Security Service

LenderTechnologies Corp., a subsidiary of the Mortgage Bankers Association of America, has announced the release of an Internet-based customer information security service for financial institutions.The service, ProtectInfo, was created in response to the information security requirements imposed on such institutions -- including mortgage bankers and brokers subject to regulation by the Federal Trade Commission -- by the Gramm-Leach-Bliley Act and subsequent regulations, the MBA said. The ProtectInfo website features products and services designed to aid in developing such customer privacy programs. Among the services offered by ProtectInfo are an online Compliance Assessment Tool for measuring compliance with the FTC's Information Safeguards Rule; and SafeGuardian, Web-based software that will help companies develop a customer information security program. ProtectInfo can be found online at http://www.protectinfo.com.