Principles of Information Security (MindTap Course List)
6th Edition
ISBN: 9781337102063
Author: Michael E. Whitman, Herbert J. Mattord
Publisher: Cengage Learning
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Chapter 3, Problem 8RQ
Explanation of Solution
Law for use of computer data:
The law that affects use of customer data for financial service organization such as banks or credit union is the Financial Services Modernization Act in 1999.
This Act is also known as the Gramm-Leah-Billey Act of 1999.
Other Effects:
This act is also important because:
- It protects the right of customers when they deal with an organization...
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Students have asked these similar questions
Find out whether your information is stored in any databases. How often are tangible copies of data records available from each database? How do you feel about the security of your personal information?
What rights should individuals have over their data? Over controlling how it is used? Over simply accessing what a company collects on them? Over being able to restrict their data from being sold?
Think about the information stored at the Social Security Administration, the Department of Revenue, the Department of Motor Vehicles, and Equifax. Learn more about these groups and their services by visiting their respective websites. What information is stored in various databases? Can you print out your information from each database? Can mistakes in records be corrected? What worries do you have concerning the security of these databases?
Chapter 3 Solutions
Principles of Information Security (MindTap Course List)
Ch. 3 - Prob. 1RQCh. 3 - Prob. 2RQCh. 3 - Prob. 3RQCh. 3 - Prob. 4RQCh. 3 - Prob. 5RQCh. 3 - Prob. 6RQCh. 3 - Prob. 7RQCh. 3 - Prob. 8RQCh. 3 - Prob. 9RQCh. 3 - Prob. 10RQ
Ch. 3 - Prob. 11RQCh. 3 - Prob. 12RQCh. 3 - Prob. 13RQCh. 3 - Prob. 14RQCh. 3 - Prob. 15RQCh. 3 - Prob. 17RQCh. 3 - Prob. 18RQCh. 3 - Prob. 19RQCh. 3 - Prob. 20RQCh. 3 - Prob. 1ECh. 3 - Prob. 2ECh. 3 - Prob. 3ECh. 3 - Prob. 4ECh. 3 - Prob. 5ECh. 3 - Prob. 1CEDQCh. 3 - Prob. 2CEDQCh. 3 - Prob. 3CEDQCh. 3 - Prob. 1EDM
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- What are the methods for resolving data corruption issues?arrow_forwardWhat data dismissals make you notice? How can such irregularities in dismissalsarrow_forwardIs it ethical for companies to collect and sell information about their customers? a) If it is ethical, are there any limits to how that data can be used, and why? b) If it isn't ethical, what limits can be ethically imposed by the government?arrow_forward
- How does the Single Audit Act operate? What is it?What effect has this law had on governmental organization auditing?In what formats do the auditors' reports and opinions take the shape of?arrow_forwardWhat is the first action you should take to deal with data corruption?arrow_forwardWhat is the first step in dealing with a data corruption issue as a course of action? Computer sciencearrow_forward
- In addition to the Internal Revenue Service, your state's Bureau of Motor Vehicles, and Equifax, there are other entities that may have information on you (see chart below). See if you can get answers to the following questions by visiting each of these organizations' websites. In what way are the data in each database collected? The contents of your data record may be printed out from each database that you use on a regular basis, is it possible? Does your data record have the capability of being corrected if you find an error? Concerning the way these databases are managed in terms of data privacy, what worries do you have about it?arrow_forwardOther organizations besides the IRS, the state's Bureau of Motor Vehicles, and Equifax could hold information on you (see chart below). To find out the solutions, go to the websites of the organizations below. How is the data from the databases retrieved? Is printing data from any database, including your own, possible? Can you change a mistake in your data record? What worries do you have concerning the administration of these databases' privacy?arrow_forwardIn what ways does the Single Audit Act function?Is this law affecting the way audits are conducted at public agencies?What formats are used for auditor reports and opinions?arrow_forward
- Find out which databases have information about you. If yes, how often can you get a paper copy of your data record from each database? What concerns do you have regarding data privacy?arrow_forwardBesides the IRS, the state's Bureau of Motor Vehicles, and Equifax, additional agencies may have information about you (see chart below). Visit the websites of the organizations listed below to obtain answers to the questions. How are the databases' data retrieved? Is it possible to print data from any database, including your own? Is it possible to correct a mistake in your data record? What concerns do you have about the privacy of these databases' management?arrow_forwardThe number of cases of identity theft has risen sharply in the past three years as a result of a security breach involving personal data. Do you know how to protect yourself against identity theft? A excellent approach to explain your argument is using an example.arrow_forward
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