Certified Information Privacy Professional – United States (CIPP/US) — Question 167

What is a key way that the Gramm-Leach-Bliley Act (GLBA) prevents unauthorized access into a person’s bank account?

Answer options

• A. By requiring immediate public disclosure after a suspected security breach.
• B. By requiring the amount of customer personal information printed on paper.
• C. By requiring the financial institutions limit the collection of personal information.
• D. By restricting the disclosure of customer account numbers by financial institutions.

Correct answer: D

Explanation

The correct answer, D, is accurate because the GLBA specifically aims to protect consumers by limiting how financial institutions can disclose sensitive information, including customer account numbers. Options A and B are incorrect as they do not reflect the primary focus of the GLBA, and option C, while relevant to data collection, does not directly address unauthorized access to bank accounts.