WGU C961 Laws Questions and Answers Rated A

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WGU C961 Laws Questions and Answers Rated A Fair Credit Reporting Act (1970) ✔✔regulates the operations of credit reporting bureaus, including how they collect, store, and use credit informatio... n. Right to Financial Privacy Act (1978) ✔✔protects the records of financial institution customers from unauthorized scrutiny by the federal government Gramm-Leach-Bliley Act (1999) ✔✔allows business combinations (e.g. mergers) between commercial banks, investment banks, and insurance companies, and thus permits these institutions to compete in markets that prior regulations prohibited them from entering. Fair and Accurate Credit Transactions Act (2003) ✔✔It allows consumers to request and obtain a free credit report once each year from each of the three primary consumer credit reporting companies (Equifax, Experian, and TransUnion). Health Insurance Portability and Accountability Act (HIPAA) ✔✔was designed to improve the portability and continuity of health insurance coverage; to reduce fraud, waste, and abuse in health insurance and healthcare delivery; and to simplify the administration of health insurance. Family Educational Rights and Privacy Act (FERPA) ✔✔Is a federal law that assigns certain rights to parents regarding their children's educational records Children's Online Privacy Protection Act (COPPA) ✔✔any website that caters to children must offer comprehensive privacy policies, notify parents or guardians about its data collection practices, and receive parental consent before collecting any personal information from children under 13 years of age. Title III of the Omnibus Crime Control and Safe Streets Act ✔✔also known as the Wiretap Act, regulates the interception of wire (telephone) and oral communications Foreign Intelligence Surveillance Act (FISA) ✔✔describes procedures for the electronic surveillance and collection of foreign intelligence information in communications between foreign powers and the agents of foreign powers. Executive Order 12333 ✔✔Identifies various government intelligence-gathering agencies and defines what information can be collected, retained, and disseminated by the agencies. It allows for the tangential collection of U.S. citizen data—even when those citizens are not specifically targeted. Electronic Communications Privacy Act (ECPA) ✔✔Deals with three main issues: the protection of communications while i [Show More]

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