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Banks

Can banks use AI under GLBA?

The short answer

Yes. GLBA does not prohibit AI; it makes you responsible for safeguarding customer information wherever it goes. With generative AI left outside the agencies' 2026 model-risk guidance, examiners read your controls — so the defensible position is inference inside your own perimeter, with a validation file to match.

What the examiner will ask for

A model inventory, a validation file, defined human review, change control, and evidence that customer NPI stayed inside the boundary your policy describes. None of that is exotic; all of it is harder to produce when inference happens in a vendor's cloud.

Why on-premise simplifies model validation

Model weights, prompts and inference logs sit on hardware inside the perimeter that has already been examined. Version changes are yours to schedule and document, not a vendor's to announce.

The on-premise answer

A private model over your policy library and credit files, logging to your systems, with the control narrative and network diagram handed over as part of the install.

Three ways to deploy, side by side

The questionConsumer cloud AIBAA / enterprise cloudHandistack on-prem
Where client data goesBad: The vendor's cloudQualified: The vendor's cloud, contract-boundGood: Stays on hardware you own
Trained on your contentBad: Yes, unless you opt outQualified: No — by contractGood: Never. No upstream to train
Retention of prompts & filesBad: Vendor policy, human review possibleQualified: Configurable, vendor-controlledGood: Your policy, your disks
BAA / DPA in placeBad: Not availableGood: AvailableGood: Not needed — no third party
Audit trail you controlBad: NoneQualified: Vendor consoleGood: Your log store and SIEM
Cost shapeQualified: $20–30 per seat / moBad: $60+ per seat / moGood: One-time build, one flat retainer
Works with the internet downBad: NoBad: NoGood: Yes
The on-prem answer

Your examiner reads your controls, because the rulebook isn’t written yet.

We build, install and maintain the private system that makes this a non-question — inside your building, owned by you, with the control documentation for your file.

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