What consumer service was the Fair Credit Reporting Act (FCRA) originally intended to provide?
What consumer service was the Fair Credit Reporting Act (FCRA) originally intended to provide?A . The ability to receive reports from multiple credit reporting agencies.B . The ability to appeal negative credit-based decisions.C . The ability to correct inaccurate credit information.D . The ability to investigate incidents of identity theft.View...
What is the main challenge financial institutions face when managing user preferences?
What is the main challenge financial institutions face when managing user preferences?A . Ensuring they are in compliance with numerous complex state and federal privacy lawsB . Developing a mechanism for opting out that is easy for their consumers to navigateC . Ensuring that preferences are applied consistently across channels...
What is the most likely way that Declan might directly violate the Health Insurance Portability and Accountability Act (HIPAA)?
SCENARIO Please use the following to answer the next QUESTION: Declan has just started a job as a nursing assistant in a radiology department at Woodland Hospital. He has also started a program to become a registered nurse. Before taking this career path, Declan was vaguely familiar with the Health...
Under the Fair and Accurate Credit Transactions Act (FACTA), what is the most appropriate action for a car dealer holding a paper folder of customer credit reports?
Under the Fair and Accurate Credit Transactions Act (FACTA), what is the most appropriate action for a car dealer holding a paper folder of customer credit reports?A . To follow the Disposal Rule by having the reports shreddedB . To follow the Red Flags Rule by mailing the reports to...
Under the Fair Credit Reporting Act (FCRA), what must a person who is denied employment based upon his credit history receive?
Under the Fair Credit Reporting Act (FCRA), what must a person who is denied employment based upon his credit history receive?A . A prompt notification from the employer.B . An opportunity to reapply with the employer.C . Information from several consumer reporting agencies (CRAs).D . A list of rights from...
All of the following are tasks in the “Discover” phase of building an information management program EXCEPT?
All of the following are tasks in the “Discover” phase of building an information management program EXCEPT?A . Facilitating participation across departments and levelsB . Developing a process for review and update of privacy policiesC . Deciding how aggressive to be in the use of personal informationD . Understanding the...
Which of these organizations would be required to provide its customers with an annual privacy notice?
Which of these organizations would be required to provide its customers with an annual privacy notice?A . The Four Winds Tribal College.B . The Golden Gavel Auction House.C . The King County Savings and Loan.D . The Breezy City Housing Commission.View AnswerAnswer: B
What should Otto tell the Board?
SCENARIO Please use the following to answer the next QUESTION Otto is preparing a report to his Board of Directors at Filtration Station, where he is responsible for the privacy program. Filtration Station is a U.S. company that sells filters and tubing products to pharmaceutical companies for research use. The...
The “Consumer Privacy Bill of Rights” presented in a 2012 Obama administration report is generally based on?
The “Consumer Privacy Bill of Rights” presented in a 2012 Obama administration report is generally based on?A . The 1974 Privacy ActB . Common law principlesC . European Union DirectiveD . Traditional fair information practicesView AnswerAnswer: C Explanation: Reference: https://obamawhitehouse.archives.gov/sites/default/files/privacy-final.pdf
The rules for “e-discovery” mainly prevent which of the following?
The rules for “e-discovery” mainly prevent which of the following?A . A conflict between business practice and technological safeguardsB . The loss of information due to poor data retention practicesC . The practice of employees using personal devices for workD . A breach of an organization’s data retention programView AnswerAnswer:...