What is a key way that the Gramm-Leach-Bliley Act (GLBA) prevents unauthorized access into a person’s bank account?
What is a key way that the Gramm-Leach-Bliley Act (GLBA) prevents unauthorized access into a person’s bank account?
The Gramm-Leach-Bliley Act (GLBA) aims to protect consumers' financial information. One of the key measures it employs to prevent unauthorized access to a person's bank account is by restricting the disclosure of customer account numbers by financial institutions. This helps ensure that sensitive information is not freely available, thereby reducing the risk of unauthorized access.
D. By restricting the disclosure of customer account numbers by financial institutions.
Agree with answer D.