You have been in your role as the CIO for Premier University for almost six months. In that time, you have managed to create a small information security team, and incident response is one of the team’s strengths. Unfortunately, the repercussions for the data breach that occurred almost a year ago continue to plague you.Premier University recently received a letter from the Department of Education, asking the university to explain the circumstances of the data breach and how the institution handled the breach. The letter also referenced the Gramm-Leach-Bliley Act (GLBA). You know that the institution must follow GLBA provisions to ensure the security and confidentiality of student financial aid information. That requirement is part of the contract for administering federal student financial aid that Premier University has signed. You also know that the Department of Education Office of Federal Student Aid issued an informational memo about these requirements in February 2020.