Compliance / GLBA
Gramm-Leach-Bliley Act for MSPs
The federal law governing how financial institutions protect customer financial data — reaching further than the name suggests through the FTC Safeguards Rule, which covers any entity handling consumer financial information, including schools administering financial aid.
Why this reaches an MSP, not just the client
A K-8 school processing tuition assistance, financial aid, or vendor payment data can fall under the FTC Safeguards Rule's "financial institution" definition — and once that's true, the Safeguards Rule's access control, encryption, and vendor-oversight expectations reach the MSP managing the systems that touch that data, the same way HIPAA reaches a vendor touching PHI.
What the Nexus compliance module tracks
- Posture tracked against the Safeguards Rule's control elements — access control, encryption, vendor oversight, incident response — using the same three-state model as every other framework here
- Evidence attached directly to the control it supports, not filed separately from the financial-data systems it actually covers
- Vendor and credential access to financial-aid or payment systems tracked alongside the credential vault's rotation and access logging
- Gap reporting and a QBR rollup that give a school's business office a straight answer instead of a compliance guess
This describes what the module tracks against GLBA — not a claim that Nexus or any client on it is certified or audited against it. See the compliance & QBR module for the full picture, or read the blog for more on how we think about compliance tooling.
Other frameworks
SOC 2
The audit framework a lot of your clients' own customers require them to answer for — and that requirement flows straight down to you as their MSP.
NIST CSF
A widely-adopted, vendor-neutral structure for cybersecurity posture — Identify, Protect, Detect, Respond, Recover — that shows up in RFPs, cyber-insurance questionnaires, and board conversations alike.
HIPAA
If any client handles protected health information, HIPAA's Security Rule reaches your MSP the moment you touch their systems — business associate agreement or not.
Ready to see GLBA posture tracked for real?
Join the design-partner cohort and we'll walk through the control mapping for your own clients.