What type of data does the Gramm-Leach-Bliley Act (GLBA) protect?

The Gramm-Leach-Bliley Act (GLBA) specifically protects financial data. This legislation focuses on the impact of financial privacy and the protection of consumers' personal financial information held by financial institutions. Under the GLBA, financial institutions are required to establish privacy policies and practices that safeguard sensitive financial information, such as bank account details, credit reports, and personal financial history.

While personal identification information, such as names and Social Security numbers, may be considered sensitive and fall under the broader category of personal data, the GLBA's primary concern is with the financial aspects of that data. Medical records, on the other hand, are primarily protected under HIPAA, which is specifically designed for healthcare information, not financial data. Thus, the focus of GLBA on financial information makes it the correct answer.