5_5_1 – Data Privacy Privacy and Data Breaches
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Questions and Answers

What are the possible consequences of a data breach?

  • Increased customer satisfaction, improved internal processes, and higher revenue
  • Enhanced data security, better employee morale, and increased market share
  • Damage to reputation, impact on products and services, and stock price fluctuation (correct)
  • Reduced operational costs, streamlined communication, and faster product development

    • What should be done once data is no longer needed?

  • Leave it in the system for future reference
  • Archive it or securely dispose of it (correct)
  • Share it with other organizations
  • Use it for identity theft purposes

    • What would be an essential step in protecting data?

  • Sharing data with as many organizations as possible
  • Deleting data as soon as it is received
  • Understanding the entire lifecycle of information (correct)
  • Storing data without any processing

    • Why is ongoing maintenance important in managing data?

    <p>To constantly retrieve and transfer data to other locations</p> Signup and view all the answers

    How can a data breach affect a public company?

    <p>It can affect the stock price of the company</p> Signup and view all the answers

    What is the significance of creating products and services based on data?

    <p>It enhances business operations and offerings</p> Signup and view all the answers

    What is the primary reason why organizations are required to have a public disclosure after a data breach?

    <p>To ensure everyone affected by the breach can monitor their data</p> Signup and view all the answers

    What was the outcome for Uber after not disclosing their 2016 data breach?

    <p>They faced a lawsuit and had to pay a settlement</p> Signup and view all the answers

    Why is it important for organizations to work with a third party after discovering a data breach?

    <p>To locate and stop any additional breaches</p> Signup and view all the answers

    What is a Privacy Impact Assessment (PIA) used for in an organization?

    <p>To identify and fix privacy concerns prior to project implementation</p> Signup and view all the answers

    How might data breaches be initially discovered within an organization?

    <p>By noticing unusual internal data transfers</p> Signup and view all the answers

    What action did Uber take after discovering their 2016 data breach, instead of making a public disclosure?

    <p>They contacted the hackers and paid them to keep quiet</p> Signup and view all the answers

    What is the significance of having credit monitoring included in public disclosures?

    <p>To ensure affected individuals can track their data</p> Signup and view all the answers

    What can happen if someone gains access to an organization's intellectual property?

    <p>It might put the organization out of business</p> Signup and view all the answers

    What is one of the potential impacts on data privacy when an organization upgrades its website?

    <p>Potential for private data to become public</p> Signup and view all the answers

    Why is it important to understand how new processes or products may affect customer's data privacy?

    <p>To prevent potential privacy concerns before they become issues</p> Signup and view all the answers

    What is the primary focus when protecting data according to the text?

    <p>Understanding the data lifecycle</p> Signup and view all the answers

    What is typically done with data once it is ready to use?

    <p>Implement it in applications</p> Signup and view all the answers

    What is a potential consequence of a data breach mentioned in the text?

    <p>Identity theft</p> Signup and view all the answers

    Why is ongoing maintenance important in managing data as described in the text?

    <p>To ensure stored data remains secure</p> Signup and view all the answers

    What is the final step suggested in the text for managing data that is no longer needed?

    <p>Dispose of it properly</p> Signup and view all the answers

    How may a data breach impact a public company, based on the information provided?

    <p>Decrease trust in the organization</p> Signup and view all the answers

    What action did Uber take after discovering their 2016 data breach, instead of making a public disclosure?

    <p>Paid the hackers to keep the breach quiet</p> Signup and view all the answers

    Why might it be necessary for an organization to keep information private even after a data breach is discovered?

    <p>To allow time for criminal investigations to be completed</p> Signup and view all the answers

    What is the purpose of a Privacy Impact Assessment (PIA) in an organization?

    <p>To assess how new processes/products will affect customer data privacy</p> Signup and view all the answers

    Why is it crucial for organizations to include credit monitoring in public disclosures following a data breach?

    <p>To ensure affected individuals can monitor their compromised data</p> Signup and view all the answers

    What could happen if an organization's intellectual property is accessed by unauthorized parties?

    <p>The organization may face lawsuits and fines</p> Signup and view all the answers

    How can technicians within an organization often first discover a data breach?

    <p>By accidentally noticing internal data being sent externally</p> Signup and view all the answers

    What may be the consequence of an organization failing to perform a Privacy Impact Assessment (PIA) before implementing new projects?

    <p>Potential exposure of customer data due to unforeseen privacy concerns</p> Signup and view all the answers

    Why is it important for organizations to notify the public about a data breach promptly?

    <p>To maintain transparency and trust with customers and stakeholders</p> Signup and view all the answers

    What role does a third party play once an organization discovers a data breach?

    <p>Assisting in stopping and investigating the breach</p> Signup and view all the answers

    Why do organizations need to understand how new processes or products might affect customer data privacy?

    <p>To address privacy concerns before they become problematic</p> Signup and view all the answers

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