Here you have the best IAPP CIPT practice exam questions
What would be an example of an organization transferring the risks associated with a data breach?
Transferring risk involves shifting the potential financial burden of a risk to another party. In the context of a data breach, purchasing insurance to cover the organization in case of a breach is a clear example of risk transfer. Insurance provides a way to mitigate financial losses by having an insurer cover the costs associated with a data breach, such as legal fees, notification expenses, and fines, thus transferring the financial impact from the organization to the insurance company.
Which of the following is considered a client-side IT risk?
A client-side IT risk pertains to issues or vulnerabilities involving end-users or individual client devices. An employee storing personal information on a company laptop introduces potential risks to data security and confidentiality, as personal data on a corporate device could be exposed or misused, either by authorized or unauthorized parties.
SCENARIO -
Carol was a U.S.-based glassmaker who sold her work at art festivals. She kept things simple by only accepting cash and personal checks.
As business grew, Carol couldn't keep up with demand, and traveling to festivals became burdensome. Carol opened a small boutique and hired Sam to run it while she worked in the studio. Sam was a natural salesperson, and business doubled. Carol told Sam, `I don't know what you are doing, but keep doing it!"
But months later, the gift shop was in chaos. Carol realized that Sam needed help so she hired Jane, who had business expertise and could handle the back- office tasks. Sam would continue to focus on sales. Carol gave Jane a few weeks to get acquainted with the artisan craft business, and then scheduled a meeting for the three of them to discuss Jane's first impressions.
At the meeting, Carol could not wait to hear Jane's thoughts, but she was unprepared for what Jane had to say. `Carol, I know that he doesn't realize it, but some of Sam's efforts to increase sales have put you in a vulnerable position. You are not protecting customers' personal information like you should.`
Sam said, `I am protecting our information. I keep it in the safe with our bank deposit. It's only a list of customers' names, addresses and phone numbers that I get from their checks before I deposit them. I contact them when you finish a piece that I think they would like. That's the only information I have! The only other thing I do is post photos and information about your work on the photo sharing site that I use with family and friends. I provide my email address and people send me their information if they want to see more of your work. Posting online really helps sales, Carol. In fact, the only complaint I hear is about having to come into the shop to make a purchase.`
Carol replied, `Jane, that doesn't sound so bad. Could you just fix things and help us to post even more online?"
`˜I can," said Jane. `But it's not quite that simple. I need to set up a new program to make sure that we follow the best practices in data management. And I am concerned for our customers. They should be able to manage how we use their personal information. We also should develop a social media strategy.`
Sam and Jane worked hard during the following year. One of the decisions they made was to contract with an outside vendor to manage online sales. At the end of the year, Carol shared some exciting news. `Sam and Jane, you have done such a great job that one of the biggest names in the glass business wants to buy us out! And Jane, they want to talk to you about merging all of our customer and vendor information with theirs beforehand."
Which regulator has jurisdiction over the shop's data management practices?
The Federal Trade Commission (FTC) has jurisdiction over the shop's data management practices as it is responsible for promoting consumer protection and enforcing federal laws concerning privacy and data security. The FTC ensures that businesses adhere to established guidelines to protect consumers' personal information from misuse, making it the relevant regulator in this context.
SCENARIO -
Carol was a U.S.-based glassmaker who sold her work at art festivals. She kept things simple by only accepting cash and personal checks.
As business grew, Carol couldn't keep up with demand, and traveling to festivals became burdensome. Carol opened a small boutique and hired Sam to run it while she worked in the studio. Sam was a natural salesperson, and business doubled. Carol told Sam, `I don't know what you are doing, but keep doing it!"
But months later, the gift shop was in chaos. Carol realized that Sam needed help so she hired Jane, who had business expertise and could handle the back- office tasks. Sam would continue to focus on sales. Carol gave Jane a few weeks to get acquainted with the artisan craft business, and then scheduled a meeting for the three of them to discuss Jane's first impressions.
At the meeting, Carol could not wait to hear Jane's thoughts, but she was unprepared for what Jane had to say. `Carol, I know that he doesn't realize it, but some of Sam's efforts to increase sales have put you in a vulnerable position. You are not protecting customers' personal information like you should.`
Sam said, `I am protecting our information. I keep it in the safe with our bank deposit. It's only a list of customers' names, addresses and phone numbers that I get from their checks before I deposit them. I contact them when you finish a piece that I think they would like. That's the only information I have! The only other thing I do is post photos and information about your work on the photo sharing site that I use with family and friends. I provide my email address and people send me their information if they want to see more of your work. Posting online really helps sales, Carol. In fact, the only complaint I hear is about having to come into the shop to make a purchase.`
Carol replied, `Jane, that doesn't sound so bad. Could you just fix things and help us to post even more online?"
`˜I can," said Jane. `But it's not quite that simple. I need to set up a new program to make sure that we follow the best practices in data management. And I am concerned for our customers. They should be able to manage how we use their personal information. We also should develop a social media strategy.`
Sam and Jane worked hard during the following year. One of the decisions they made was to contract with an outside vendor to manage online sales. At the end of the year, Carol shared some exciting news. `Sam and Jane, you have done such a great job that one of the biggest names in the glass business wants to buy us out! And Jane, they want to talk to you about merging all of our customer and vendor information with theirs beforehand."
When initially collecting personal information from customers, what should Jane be guided by?
Jane should be guided by data minimization principles when initially collecting personal information from customers. Data minimization involves only collecting the personal information that is necessary for the intended purposes. This principle helps to protect customer privacy by ensuring that excessive or irrelevant data is not gathered. Implementing data minimization can reduce the risk of data breaches and other issues related to personal data management.
A key principle of an effective privacy policy is that it should be?
A key principle of an effective privacy policy is that it should be written in enough detail to cover the majority of likely scenarios. This ensures that the policy provides clear guidance on how personal data will be handled in various situations, thereby helping to protect the privacy of individuals whose data is collected and processed. A detailed policy is also helpful in demonstrating compliance with legal and regulatory requirements.