Answered

Select the correct answer.

A bank employee shared a customer's financial information with other businesses without first informing the customer. Which regulation did this action break?

A. Fair Credit Reporting Act



Answer :

Final answer:

The Fair Credit Reporting Act (FCRA) safeguards personal financial information and prevents unauthorized disclosures, ensuring consumer privacy and security.


Explanation:

Fair Credit Reporting Act (FCRA) is the correct answer in this case. This act protects personal financial information shared by credit reporting agencies. It prevents unauthorized disclosure of personal financial information, ensuring consumer privacy and security.


Learn more about Fair Credit Reporting Act (FCRA) here:

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