The Gramm-Leach-Bliley Act

question 59

Multiple Choice

The Gramm-Leach-Bliley Act:

• A)requires financial institutions to ensure the security of customer data.
• B)specifies best practices in information systems security and control.
• C)imposes responsibility on companies and management to safeguard the accuracy of financial information.
• D)outlines medical security and privacy rules.
• E)identifies computer abuse as a crime and defines abusive activities.

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Definitions:

Human Resources Function

The department within an organization responsible for managing recruitment, employment, training, and well-being of employees.

Labour Relations

Refers to the system of interactions between workers and management, or the relationships between employees and their employers, including negotiations, collective bargaining, and conflict resolution.

Unilateral Changes

Adjustments to policies, contracts, or conditions made by one party without consultation or agreement from the other party, often in employment or legal contexts.

Line Managers

Managers who have direct oversight and responsibility for certain employees and their work within an organizational structure.