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Who has rulemaking authority for the Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit Transactions Act (FACTA)?
Who has rulemaking authority for the Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit Transactions Act (FACTA)?A . State Attorneys GeneralB . The Federal Trade CommissionC . The Department of CommerceD . The Consumer Financial Protection BureauView AnswerAnswer: D Explanation: Reference: https://www.ftc.gov/enforcement/statutes/fair-accurate-credit-transactions-act-2003
What is the most important action an organization can take to comply with the FTC position on retroactive changes to a privacy policy?
What is the most important action an organization can take to comply with the FTC position on retroactive changes to a privacy policy?A . Describing the policy changes on its website.B . Obtaining affirmative consent from its customers.C . Publicizing the policy changes through social media.D . Reassuring customers of...
What is the main purpose of the CAN-SPAM Act?
What is the main purpose of the CAN-SPAM Act?A . To diminish the use of electronic messages to send sexually explicit materialsB . To authorize the states to enforce federal privacy laws for electronic marketingC . To empower the FTC to create rules for messages containing sexually explicit contentD ....
Consumers today are most likely protected from situations like the one Noah had buying stock because of which federal action or legislation?
SCENARIO Please use the following to answer the next QUESTION Noah is trying to get a new job involving the management of money. He has a poor personal credit rating, but he has made better financial decisions in the past two years. One potential employer, Arnie’s Emporium, recently called to...
What is the best reason for Cheryl to follow Janice’s suggestion about classifying customer data?
SCENARIO Please use the following to answer the next QUESTION: Cheryl is the sole owner of Fitness Coach, Inc., a medium-sized company that helps individuals realize their physical fitness goals through classes, individual instruction, and access to an extensive indoor gym. She has owned the company for ten years and...
What is the most significant reason that the U.S. Department of Health and Human Services (HHS) might impose a penalty on HealthCo?
SCENARIO Please use the following to answer the next QUESTION: You are the chief privacy officer at HealthCo, a major hospital in a large U.S. city in state A. HealthCo is a HIPAA-covered entity that provides healthcare services to more than 100,000 patients. A third-party cloud computing service provider, CloudHealth,...
What privacy concept grants a consumer the right to view and correct errors on his or her credit report?
What privacy concept grants a consumer the right to view and correct errors on his or her credit report?A . Access.B . Notice.C . Action.D . Choice.View AnswerAnswer: B
The Family Educational Rights and Privacy Act (FERPA) requires schools to do all of the following EXCEPT?
The Family Educational Rights and Privacy Act (FERPA) requires schools to do all of the following EXCEPT?A . Verify the identity of students who make requests for access to their records.B . Provide students with access to their records within a specified amount of time.C . Respond to all reasonable...
Which was NOT one of these principles?
In March 2012, the FTC released a privacy report that outlined three core principles for companies handling consumer data . Which was NOT one of these principles?A . Simplifying consumer choice.B . Enhancing security measures.C . Practicing Privacy by Design.D . Providing greater transparency.View AnswerAnswer: B Explanation: Reference: https://www.ftc.gov/news-events/press-releases/2012/03/ftc-issues-final-commission-report- protecting-consumer-privacy
Matt went into his son’s bedroom one evening and found him stretched out on his bed typing on his laptop. “Doing your homework?
SCENARIO Please use the following to answer the next QUESTION Matt went into his son’s bedroom one evening and found him stretched out on his bed typing on his laptop. “Doing your homework?” Matt asked hopefully. “No,” the boy said. “I’m filling out a survey.” Matt looked over his son’s...
