Final answer:
The Gramm-Leach-Bliley Act does not make it illegal for organizations to share personal information with other parties or individuals. It requires organizations to provide privacy notices and safeguards when sharing personal information.
Step-by-step explanation:
The Gramm-Leach-Bliley Act (GLBA) is a law that addresses the privacy of personal information collected by financial institutions. However, it does not prohibit organizations from sharing personal information with other parties or individuals. Instead, it requires organizations to provide privacy notices to individuals and allow them to opt-out of certain information sharing practices.
The GLBA allows organizations to share personal information with third parties as long as they have a contractual agreement to protect the information. This means that organizations can share personal information with other parties or individuals as long as they have appropriate safeguards in place.