Complete the sentence:
The Gramm-Leach-Bliley Act (GLBA) of US regulates the privacy practices adopted by financial institutions,
requiring them to provide adequate security of the customer records. It lays various obligations on the financial
institutions but allows such financial institutions to share the non-public information of customers (after
properly notifying their consumers in a manner mentioned in the Act) with

• A.Its affiliates only after obtaining explicit consent from the consumers
• B.Its affiliates after disclosure in initial and annual GLBA privacy notices
• C.Its affiliates without need for obtaining explicit consent from the consumers for sharing their data
• D.Its affiliates after obtaining explicit permission of Federal Trade Commission

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Regulations that apply to the processing of personal data of natural persons that fall under the following categories:

• A.EU Citizens
• B.All of the above
• C.Resident of anywhere in the world
• D.EU Residents

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According to IT (Amendment) Act,2008, who should designate a grievance officer to redress grievance(s) of
provider of information?

• A.Third party agency collecting personal information
• B.Body corporate, which determines the means and purpose of data processing
• C.Data processor
• D.Natural person sharing his/her information

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Please select the incorrect statement in context of "Online Privacy":

• A.A person's act of 'Selective disclosure" (of themselves) in an online environment
• B.A person's control over collection of information during an online activity
• C.A person's concern over usage of information that were collected during an online activity
• D.A person's concern on the software licensing agreement they sign with any organization

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A newly appointed Data Protection officer is reviewing the organization's existing privacy policy. Which of the following would be the most critical factor for the review process?

• A.Awareness of the business units about the privacy policy
• B.Changes in the legal/regulatory regime
• C.Privacy policies of industry peers
• D.Foreseeable challenges in the effective implementation of the policy

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