Which of the following Acts consists of the given sections: -The financial privacy -The safeguards rule -The pretexting provisions?

Prepare for the WGU C838 Managing Cloud Security Exam. Study effectively with flashcards and multiple-choice questions, complete with hints and explanations. Ensure your success with this comprehensive preparation guide.

The correct answer is the Gramm-Leach-Bliley Act (GLBA), which is designed to protect consumers' financial information held by financial institutions. This Act includes several key components, such as the financial privacy provisions that restrict how personal financial information can be disclosed to third parties, the safeguards rule that requires institutions to implement measures to protect customer information, and the pretexting provisions that prohibit the practice of obtaining personal information under false pretenses.

By encompassing these sections, GLBA specifically addresses the need for institutions to protect the privacy and security of consumer financial data. This ensures that consumers have control over their financial information and that institutions have a framework to maintain stringent security measures. The Act’s foundations revolve around consumer trust and enhancing the security protocol around financial transactions, making it integral to privacy in the financial sector.

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