CREST Practitioner Security Analyst (CPSA) Practice 2026 - Free CPSA Practice Questions and Study Guide

The primary purpose of the Gramm-Leach-Bliley Act (GLBA) is to protect customer information. Enacted in 1999, this legislation aims to safeguard the personal financial data of consumers held by financial institutions. The Act mandates that these institutions develop privacy policies, disclose how customer information is shared, and provide consumers with the right to opt-out of having their data shared with non-affiliated third parties.

While aspects of financial transaction security and the regulation of banking mergers are related to the broader context of financial regulations, they are not the key focus of the GLBA. The Act's emphasis is primarily on privacy and the safeguarding of personal information rather than solely on transaction security or the standardization of financial disclosures. Therefore, the correct answer highlights the most significant aim of the Gramm-Leach-Bliley Act in promoting the protection of customer information within the financial sector.