CSSLP · Question #65
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 C. Privacy law. The credit card company violated privacy law by sharing Mark's financial and personal details with another company without authorization. This action directly breaches the individual's right to control their personal information.
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
- ATrademark law
- BSecurity law
- CPrivacy law
- DCopyright law
How the community answered
(34 responses)- A3% (1)
- B6% (2)
- C88% (30)
- D3% (1)
Why each option
The credit card company violated privacy law by sharing Mark's financial and personal details with another company without authorization. This action directly breaches the individual's right to control their personal information.
Trademark law protects brand names, logos, and other commercial identifiers, which is not relevant to sharing personal data.
Security law focuses on safeguarding assets and systems from unauthorized access or damage, not specifically the unauthorized sharing of personal data in this context.
Privacy law protects an individual's right to control their personal information and how it is collected, used, and shared. When a credit card company shares a customer's financial and personal details with another entity without their consent, it violates these principles of data privacy.
Copyright law protects original works of authorship, such as literary, artistic, or musical works, which is unrelated to the unauthorized disclosure of personal financial information.
Concept tested: Data privacy principles, internet law violations
Source: https://www.ftc.gov/business-guidance/privacy-security/gramm-leach-bliley-act
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