Match each insurance agency scenario regarding nonpublic personal information (NPI) with the correct Gramm-Leach-Bliley Act (GLBA) concept or classification.
- An agency implements a written security program with encrypted servers to protect health questionnaires.Compliance with the Safeguards Rule
- An individual requests a one-time auto insurance quote but decides not to purchase the policy.Classified as a Consumer
- A policyholder maintains an active homeowners insurance policy with the same agency for three years.Classified as a Customer
- An unauthorized caller pretends to be a policyholder's spouse to trick an agent into revealing bank details.Violation of Pretexting Provisions
Answer
The encrypted servers match the Safeguards Rule. The one-time quote matches the Consumer classification. The ongoing policyholder matches the Customer classification. The deceptive caller matches the Pretexting Provisions.
Each scenario directly aligns with a specific GLBA mandate in practical application. The Safeguards Rule requires administrative and technical data protection plans. A consumer represents a one-time transaction, while a customer denotes an ongoing relationship. Pretexting covers the fraudulent acquisition of data.
Step-by-Step Solution
Key Concept
GLBA Regulatory Components and Definitions
Estimated Time:1m 30s