Certified Information Privacy Professional – United States (CIPP/US) — Question 121

What are the maximum statutory damages for violations of the Fair Credit Reporting Act (FCRA)?

Answer options

• A. $500 per violation
• B. $1,000 per violation
• C. $2,000 per violation
• D. $5,000 per violation

Correct answer: B

Explanation

The correct answer is B, as the Fair Credit Reporting Act allows for a maximum of $1,000 per violation in statutory damages. The other options represent lower amounts that are not applicable in this context.