CREST Practitioner Security Analyst (CPSA) Practice

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Master the CREST Practitioner Security Analyst Exam. Prepare with quizzes and comprehensive study guides that include tips and explanations. Excel in your certification journey!

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The Gramm-Leach-Bliley Act requires financial institutions to ensure the security and confidentiality of which type of data?

  1. Customer data

  2. Employee data

  3. Public financial records

  4. Corporate proprietary information

The correct answer is: Customer data

The Gramm-Leach-Bliley Act (GLBA) aims to protect the privacy of individuals' personal financial information held by financial institutions. This law mandates that these institutions establish policies and procedures to ensure the security and confidentiality of customer data. Customer data refers to any information that can identify a consumer, such as social security numbers, bank account details, and credit histories, which are essential for maintaining trust and regulatory compliance in the financial sector. While employee data, public financial records, and corporate proprietary information are important to manage and protect, they do not fall under the primary scope of the GLBA, which specifically targets customer data. The act emphasizes safeguarding this type of information to prevent unauthorized access and privacy breaches, addressing consumer concerns about how their financial data is used and shared.