Under the Fair and Accurate Credit Transactions Act (FACTA), what is the most appropriate action for a car dealer holding a paper folder of customer credit reports?
A . To follow the Disposal Rule by having the reports shredded
B . To follow the Red Flags Rule by mailing the reports to customers
C . To follow the Privacy Rule by notifying customers that the reports are being stored
D . To follow the Safeguards Rule by transferring the reports to a secure electronic file
Answer: C