What is defined as nonpublic personal information?

Nonpublic personal information refers to any personally identifiable financial information that is not available to the general public. This includes sensitive data such as social security numbers, bank account details, and credit histories that individuals may share with financial institutions or insurance companies in a private context.

Choosing the definition that emphasizes personally identifiable financial information distinguishes it from other types of information that are accessible to the public, such as data on social media profiles or general financial knowledge disseminated in public forums. These latter options do not encompass the privacy and sensitivity associated with financial data that individuals typically expect to remain confidential. Therefore, the selection correctly captures the essence of nonpublic personal information as defined in regulations surrounding privacy and data protection.