The Gramm-Leach-Bliley Act (GLBA) primarily governs privacy and protection of what type of information?

The Gramm-Leach-Bliley Act (GLBA) primarily governs privacy and protection of what type of information?

• A. Financial information of consumers
• B. Medical records
• C. Educational records
• D. Criminal history

Answer: (A)

GLBA focuses on protecting consumers' financial information held by financial institutions. It defines nonpublic personal information and requires financial institutions to provide clear privacy notices, implement safeguards to protect that data, and limit how such information can be shared with others (often with an opt-out option). The safeguards, privacy, and pretexting protections collectively address the privacy of financial data across banks, securities firms, insurance companies, and other entities that handle consumer financial information. This is why the correct choice describes financial information of consumers. Medical records, educational records, and criminal history are covered by different laws and regulatory frameworks.

GLBA focuses on protecting consumers' financial information held by financial institutions. It defines nonpublic personal information and requires financial institutions to provide clear privacy notices, implement safeguards to protect that data, and limit how such information can be shared with others (often with an opt-out option). The safeguards, privacy, and pretexting protections collectively address the privacy of financial data across banks, securities firms, insurance companies, and other entities that handle consumer financial information. This is why the correct choice describes financial information of consumers. Medical records, educational records, and criminal history are covered by different laws and regulatory frameworks.