Certified Cloud Security Professional (CCSP) Practice Exam

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Boost your CCSP exam readiness with precise flashcards and multiple-choice questions. Each question includes explanations to ensure a solid understanding. Start your preparation journey today!

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What does the Gramm-Leach-Bliley Act (GLBA) regulate?

The handling of private information by financial institutions
The privacy of consumer cloud data
Healthcare transactions and identifiers
Electronic bookkeeping and reporting standards

The correct answer is: The handling of private information by financial institutions

The Gramm-Leach-Bliley Act (GLBA) primarily regulates the handling of private information by financial institutions. This law was enacted to enhance consumer privacy and ensure that individuals' personal financial information is adequately protected. GLBA requires financial institutions to disclose their information-sharing practices to consumers and to safeguard sensitive data against unauthorized access. The correct answer highlights the core focus of the GLBA on financial entities and their responsibilities regarding the management and protection of private consumer information within the financial industry. This includes provisions on how these institutions can share information and the requirements for providing consumers with the choice to opt-out of certain information sharing arrangements. While other options discuss important regulatory frameworks, they pertain to different sectors and issues, such as consumer cloud data, healthcare, and bookkeeping standards, which are not the primary focus of the GLBA.