There are legal and regulatory requirements that obligate companies to practice stringent electronic records management and adhere to strict standards for security, privacy, and control. Legal actions requiring electronic evidence and computer forensics also require firms to pay more attention to security and electronic records management.
The Gramm-Leach-Bliley Act __________.
ANSWER
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requires financial institutions to ensure the security and confidentiality of customer data
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requires that controls are put in place to secure the corporate network, prevent unauthorized access to systems and data, and ensure data integrity and availability in the event of a disaster or other disruption of service
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outlines medical security and privacy rules and procedures for simplifying the administration of health care billing and automating the transfer of health care data among health care providers, payers, and plans
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imposes responsibility on companies and their management to protect investors by safeguarding the accuracy and integrity of financial information that is used internally and released externally