GLBA is primarily concerned with protecting consumer data in which sector?

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Multiple Choice

GLBA is primarily concerned with protecting consumer data in which sector?

Explanation:
GLBA focuses on privacy of consumer financial information held by financial institutions. It governs how banks, lenders, investment firms, and other financial service providers collect, store, and share nonpublic personal information, and it requires safeguards and privacy notices for customers. This makes GLBA squarely about the financial services sector. Other sectors have different privacy laws—HIPAA for healthcare, FERPA for education, and FISMA for government—so they’re not the primary target of GLBA.

GLBA focuses on privacy of consumer financial information held by financial institutions. It governs how banks, lenders, investment firms, and other financial service providers collect, store, and share nonpublic personal information, and it requires safeguards and privacy notices for customers. This makes GLBA squarely about the financial services sector. Other sectors have different privacy laws—HIPAA for healthcare, FERPA for education, and FISMA for government—so they’re not the primary target of GLBA.

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