3.124- What is non-public information regarding a customer?
The term ‘public information’ refers to any sort of data that an agency reveals or makes known to the general public notwithstanding the form or composition; however the NPI(non public consumer information) is a pivotal but contrasting notion here.
Examples of non public information can includes Social Security number, Bank account information, certain transactions with financial institutions and Personally Identifiable Financial Information.
Related Topics: What is the Gramm-Leach Bailey Act? What are Prohibited Acts? Explain the consequences of Violations of Gramm-Leach Bliley Act What are SAR privacy requirements• Gramm-Leach-Bliley Act (GLB) – Privacy, FTC Safeguard Rules and Do Not Call ? What is the Requirement for written privacy policy disclosures ? What are Acceptable delivery methods for a privacy notice?
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