Question

What does the Electronic Fund Transfer Act do? It protects banks from malware and hackers. It establishes consumer rights relating to electronic banking. It gives the PCI Security Standards Council the right to monitor banks. It defines the illegal activities in which hackers engage. NextReset

Answer 1

B. It establishes consumer rights relating to electronic banking.

Answer 2

It establishes consumer rights relating to electronic banking.

Explanation:

The electronic fund transfer act was an act passed in 1978. This act was passed to make sure the electronic fund transfer activities are done responsibly by its participants. This act also established the liabilities and rights of consumers.