5_5_1 – Data Privacy Privacy and Data Breaches

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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?

To constantly retrieve and transfer data to other locations Signup and view all the answers

How can a data breach affect a public company?

It can affect the stock price of the company Signup and view all the answers

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

It enhances business operations and offerings Signup and view all the answers

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

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

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

They faced a lawsuit and had to pay a settlement Signup and view all the answers

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

To locate and stop any additional breaches Signup and view all the answers

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

To identify and fix privacy concerns prior to project implementation Signup and view all the answers

How might data breaches be initially discovered within an organization?

By noticing unusual internal data transfers Signup and view all the answers

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

They contacted the hackers and paid them to keep quiet Signup and view all the answers

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

To ensure affected individuals can track their data Signup and view all the answers

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

It might put the organization out of business Signup and view all the answers

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

Potential for private data to become public Signup and view all the answers

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

To prevent potential privacy concerns before they become issues Signup and view all the answers

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

Understanding the data lifecycle Signup and view all the answers

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

Implement it in applications Signup and view all the answers

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

Identity theft Signup and view all the answers

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

To ensure stored data remains secure Signup and view all the answers

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

Dispose of it properly Signup and view all the answers

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

Decrease trust in the organization Signup and view all the answers

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

Paid the hackers to keep the breach quiet 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?

To allow time for criminal investigations to be completed Signup and view all the answers

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

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

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

To ensure affected individuals can monitor their compromised data Signup and view all the answers

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

The organization may face lawsuits and fines Signup and view all the answers

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

By accidentally noticing internal data being sent externally 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?

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

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

To maintain transparency and trust with customers and stakeholders Signup and view all the answers

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

Assisting in stopping and investigating the breach Signup and view all the answers

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

To address privacy concerns before they become problematic Signup and view all the answers

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?

What should be done once data is no longer needed?

What would be an essential step in protecting data?

Why is ongoing maintenance important in managing data?

How can a data breach affect a public company?

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

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

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

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

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

How might data breaches be initially discovered within an organization?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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