A covered entity suffers a ransomware attack that affects the personal health information (PHI) of more than 500 individuals. According to Federal law under HIPAA, which of the following would the covered entity NOT have to report the breach to?
Answer(s): D
https://www.hhs.gov/sites/default/files/RansomwareFactSheet.pdf (page 6)
What consumer protection did the Fair and Accurate Credit Transactions Act (FACTA) require?
Answer(s): A
https://www.investopedia.com/terms/f/facta.asp
Who has rulemaking authority for the Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit Transactions Act (FACTA)?
https://www.ftc.gov/enforcement/statutes/fair-accurate-credit-transactions-act-2003
Under the Fair and Accurate Credit Transactions Act (FACTA), what is the most appropriate action for a car dealer holding a paper folder of customer credit reports?
Answer(s): C
When may a financial institution share consumer information with non-affiliated third parties for marketing purposes?
https://www.ftc.gov/tips-advice/business-center/guidance/how-comply-privacy- consumer-financial- information-rule-gramm
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