Exam 412-79v8 topic 1 question 34 discussion

Actual exam question from ECCouncil's 412-79v8

Question #: 34
Topic #: 1

[All 412-79v8 Questions]

Which of the following is the objective of Gramm-Leach-Bliley Act?

A. To ease the transfer of financial information between institutions and banks
B. To protect the confidentiality, integrity, and availability of data
C. To set a new or enhanced standards for all U.S. public company boards, management and public accounting firms
D. To certify the accuracy of the reported financial statement

Show Suggested Answer

Suggested Answer: A 🗳️
Reference: http://www.itap.purdue.edu/security/policies/glb_safeguards_rule_training_general.pdf

by ecaceres at March 9, 2021, 10:05 p.m.

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miyendis

1 year, 8 months ago

Selected Answer: B

B is correct. "To ensure that the confidentiality and integrity of private records and data are maintained"

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B. To protect the confidentiality, integrity, and availability of data [ The Gramm-Leach-Bliley Act requires financial institutions – companies that offer consumers financial products or services like loans, financial or investment advice, or insurance – to explain their information-sharing practices to their customers and to safeguard sensitive data. ]

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