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DSCI Exam DCPP-01 Topic 1 Question 49 Discussion

Actual exam question for DSCI's DCPP-01 exam
Question #: 49
Topic #: 1
[All DCPP-01 Questions]

A financial organization may share nonpublic information about its customers in accordance with Gramm-Leach-Bliley Act of the US. Which one of the following is the requirement?

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Suggested Answer: D

by Mira at Jun 01, 2024, 07:53 PM

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Marjory
6 months ago
Haha, the FTC permission option (C) is a good one. As if the government would let us share customers' data without their approval!
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Thomasena
5 months ago
Agreed, we definitely need to follow the rules when it comes to sharing customer data.
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Hillary
5 months ago
Yeah, option C is definitely the safest bet.
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Tarra
6 months ago
Option B is a bit misleading. The GLBA privacy notice is not the only requirement, consumers' consent is still needed.
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Latricia
5 months ago
B) As soon as the GLBA privacy notice is disclosed initially and annually
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Aleta
5 months ago
A) Data sharing does not require consent from the consumers.
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Deja
6 months ago
I agree with Rolland. The GLBA requires financial institutions to obtain consumers' consent before disclosing their private information.
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Mitzie
5 months ago
D) Consumers' consent must be obtained first
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Linwood
6 months ago
B) As soon as the GLBA privacy notice is disclosed initially and annually
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Willard
6 months ago
A) Data sharing does not require consent from the consumers.
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Harrison
6 months ago
I agree with you, Cristy. It's important to get consent before sharing nonpublic information.
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Rolland
7 months ago
Option D is the correct answer. Consumers' consent must be obtained first before sharing their nonpublic information.
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Yoko
5 months ago
B) As soon as the GLBA privacy notice is disclosed initially and annually
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Gaston
5 months ago
D) Consumers' consent must be obtained first
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Vernell
6 months ago
B: Yes, I remember reading that the privacy notice must be disclosed initially and annually as well.
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Kris
6 months ago
A: Did you know that according to the GLBA, consumers' consent must be obtained before sharing their information?
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Henriette
6 months ago
B) As soon as the GLBA privacy notice is disclosed initially and annually
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Shenika
6 months ago
That's right, consumers' consent is required before sharing their information.
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Theodora
6 months ago
Yes, consumers' consent must be obtained first before sharing their nonpublic information.
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Corazon
6 months ago
D) Consumers' consent must be obtained first
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Marsha
6 months ago
I think option D is the correct answer.
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Cristy
7 months ago
I think the requirement is to obtain consumers' consent first.
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