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DSCI DCPP-01 Exam - Topic 1 Question 91 Discussion

Complete the sentence:The Gramm-Leach-Bliley Act (GLBA) of US regulates the privacy practices adopted by financial institutions, requiring them to provide adequate security of the customer records. It lays various obligations on the financial institutions but allows such financial institutions to share the non-public information of customers (after properly notifying their consumers in a manner mentioned in the Act) with
A) Its affiliates only after obtaining explicit consent from the consumers
B) Its affiliates without need for obtaining explicit consent from the consumers for sharing their data
C) Its affiliates after disclosure in initial and annual GLBA privacy notices
D) Its affiliates after obtaining explicit permission of Federal Trade Commission

DSCI DCPP-01 Exam - Topic 1 Question 91 Discussion

Actual exam question for DSCI's DCPP-01 exam
Question #: 91
Topic #: 1
[All DCPP-01 Questions]

Complete the sentence:

The Gramm-Leach-Bliley Act (GLBA) of US regulates the privacy practices adopted by financial institutions, requiring them to provide adequate security of the customer records. It lays various obligations on the financial institutions but allows such financial institutions to share the non-public information of customers (after properly notifying their consumers in a manner mentioned in the Act) with

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Suggested Answer: A

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