(1) No provision of KRS 434.870 to 434.876 shall be construed to prevent any action by a law enforcement agency, or any officer, employee, or agent of such agency, or any action of an agent of the financial information repository when working in conjunction with a law enforcement agency.
(2) KRS 434.870 to 434.876 does not apply to:
(a) Efforts by the financial information repository to test security procedures or systems of the financial institution repository for maintaining the confidentiality of customer information;
(b) Investigations of alleged financial institution repository employee misconduct or negligence; or (c) Efforts to recover financial or personal information of the financial institution obtained or received by another person in any manner described in KRS 434.872.