Question

The privacy act of 1974 ____.

a. requires all financial institutions to protect and secure customers' nonpublic data from unauthorized use or access
b. all of the above
c. deals with the protection of communications while in transit from sender to receiver
d. applies only to certain federal agencies

Answer 1

The answer is D.
The privacy Act of 1974 applies only to certain federal agencies. The act regulates the handling of personal information about individuals. The act establishes a code of fair information practices that governs the collection, maintenance, use, and dissemination of information about individuals that is maintained in systems of records by federal agencies.