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A bank employee shared a customer's financial information with other businesses without first informing the customer. What law did the employee break?


Sagot :

Final answer:

Sharing a customer's financial information without consent breaches privacy laws and can result in legal repercussions.


Explanation:

When a bank employee shares a customer's financial information with other businesses without informing the customer, it can be a violation of privacy laws. For instance, under the Health Insurance Portability and Accountability Act (HIPAA) and financial data protection laws, such actions can lead to severe consequences for the employee and the bank.


Learn more about privacy laws in sharing financial information here:

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