The _____ requires all financial institutions to protect and secure customers' nonpublic data from unauthorized access or use.
A) Gramm-Leach-Bliley Act of 1999
B) E-Government Act of 2002
C) USA Patriot Act of 2001
D) Sarbanes-Oxley Act of 2002

Question

Quizplus · Accepted Answer

The Gramm-Leach-Bliley Act of 1999 requires all financial institutions to protect and secure customers' nonpublic data from unauthorized access or use. The other acts mentioned (E-Government Act of 2002, USA Patriot Act of 2001, Sarbanes-Oxley Act of 2002) deal with different aspects of government and business regulation that are not directly related to data security in financial institutions.

The _____ Requires All Financial Institutions to Protect and Secure