Which of the following requires financial institutions to maintain security controls to protect personal consumer information for both electronic and paper records, and requires institutions to implem

The correct answer is D. Safeguard Rule. The Safeguards Rule (2003) requires financial institutions to maintain security controls to protect personal consumer information. The rule applies to electronic and paper records. Institutions must implement an information security program.

Health, Financial & Marketing Privacy

Question

Which of the following requires financial institutions to maintain security controls to protect personal consumer information for both electronic and paper records, and requires institutions to implement an information security program?

Options

ACalifornia Financial Information Privacy Act
BPrivacy Rule
CRed Flags Rule
DSafeguard Rule

How the community answered

(58 responses)

A
5% (3)
B
9% (5)
C
2% (1)
D
84% (49)

Explanation

The Safeguards Rule (2003) requires financial institutions to maintain security controls to protect personal consumer information. The rule applies to electronic and paper records. Institutions must implement an information security program.

Topics

#Safeguards Rule#GLBA#financial institution security#information security program

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