Management Of Information Security
Management Of Information Security
6th Edition
ISBN: 9781337405713
Author: WHITMAN, Michael.
Publisher: Cengage Learning,
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Chapter 2, Problem 13RQ

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Law affecting the use of customer data:

The Gramm-Leach-Bliley (GLB) Act of 1999, also called as Financial Service Modernization Act of 1999, regulates the use of customer data.

Effects of the law:

  • This act was revised by the Glass-Steagall Act of 1993, which restricts the financial service sector to provide insurance, banking, and investment from the single point.
  • It provides an individual, the facility to operate his or her financial needs from a single financial service provider...

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