CISSP Practice Exam 2025 – Complete Prep Guide

The primary goal of the Gramm-Leach-Bliley Act (GLBA) is to ensure the confidentiality and integrity of consumer financial information. This legislation was enacted to provide consumers with greater protection over their private financial data held by financial institutions, such as banks, brokers, and insurance companies. The GLBA requires these institutions to implement privacy notices to inform consumers about their information-sharing practices and mandates that they establish safeguards to protect this information from unauthorized access or breaches.

By emphasizing confidentiality and integrity, the act helps to maintain consumer trust in financial institutions, ensuring that sensitive information like social security numbers, bank account details, and credit history is adequately protected. This focus on safeguarding consumer data aligns with broader privacy principles and security practices essential in today's digital environment.

The other choices do not accurately reflect the primary intention of the GLBA. Making consumer data publicly available contradicts the goals of privacy protection. Destroying unnecessary consumer data, while it pertains to data management practices, does not encapsulate the core focus of the GLBA. Simplifying financial reporting does not target consumer data protection directly, as the act primarily addresses the handling and securing of personal financial information rather than financial reporting processes.