CAP · Question #275
A Web-based credit card company had collected financial and personal details of Mark before issuing him a credit card. The company has now provided Mark's financial and personal details to another…
The correct answer is B. Privacy law. Privacy law (B) governs the collection, storage, use, and sharing of personal and financial information. When the credit card company shared Mark's personal and financial details with another company without his consent, it violated his privacy rights. Security law deals with…
Question
A Web-based credit card company had collected financial and personal details of Mark before issuing him a credit card. The company has now provided Mark's financial and personal details to another company. Which of the following Internet laws has the credit card issuing company violated?
Options
- ASecurity law
- BPrivacy law
- CCopyright law
- DTrademark law
How the community answered
(18 responses)- A6% (1)
- B89% (16)
- D6% (1)
Explanation
Privacy law (B) governs the collection, storage, use, and sharing of personal and financial information. When the credit card company shared Mark's personal and financial details with another company without his consent, it violated his privacy rights. Security law deals with protecting data from unauthorized access; Copyright law protects intellectual property/creative works; Trademark law protects brand identifiers like logos and names. The unauthorized disclosure of personal data to third parties is specifically a privacy law violation.
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