1 Answers

The objective of this act was to protect consumers personal financial information held by financial institutions and their service providers.

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The objective of this act was to protect consumers personal financial information held by financial institutions and their service providers.

A.
HIPAA

B.
Sarbanes-Oxley 2002

C.
Gramm-Leach-Bliley Act

D.
California SB 1386

1 Answers



  1. teramin on Oct 06, 2012 Reply

    Answers: C
    _ Gramm-Leach-Bliley Act

    Explanation:
    Answer A is incorrect, HIPAA is to protect medical information Answer B is incorrect, SOX is to insure the integrity of financial records of publically traded companies
    Answer D is incorrect. Although SB 1386 may provide some of these protections, it only applies to business operating within California or any business holding and processing the data of a California citizen.
    Answer C is the correct answer. As part of expanding the financial markets that Insurance Companies and Banks could enter, GLBA also adds privacy protection for consumers.

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