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IT Governance and Board of Directors Responsibilities

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IT Governance and Board of Directors Responsibilities

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Questions and Answers

What is the primary responsibility of a board of directors in relation to IT resources?

To develop IT systems and controls personally

To conduct regular audits of the enterprise IT assets

To oversee the day-to-day IT operations of the enterprise

To assign senior management with the responsibility for implementing necessary IT systems and controls (correct)

Under which legislation does individual liability for board members exist?

Fair Labor Standards Act

US Patriot Act

EU General Data Protection Regulation (GDPR) (correct)

Foreign Corrupt Practices Act

What risk exists for individuals serving on boards in terms of accountability?

They are only accountable in cases of data breaches

They may face individual liability under certain federal legislation and global regulations (correct)

They have no individual accountability under any legislation

They are only accountable if the corporation's financial resources are insufficient

What is the role of senior management in relation to enterprise IT assets?

<p>To ensure that enterprise IT department sustains and extends enterprise strategies and objectives</p> Signup and view all the answers

IT Governance and Board of Directors Responsibilities

Choose a study mode

Podcast

Questions and Answers

What is the primary responsibility of a board of directors in relation to IT resources?

Under which legislation does individual liability for board members exist?

What risk exists for individuals serving on boards in terms of accountability?

What is the role of senior management in relation to enterprise IT assets?

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