Which of the following is an accurate description of the Privacy Act of 1974?
A) It prohibits businesses from sending misleading or deceptive commercial emails but denies recipients any legal recourse on their own.
B) It stipulates how financial institutions are required to protect the privacy of consumers' personal financial information and notify them of their privacy policies annually.
C) It establishes requirements that govern how personally identifiable information on individuals is collected, used, and disseminated by federal agencies.
D) It requires organizations to notify state residents if sensitive data are released.
C
Business