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Questions and Answers
What is the primary responsibility of a board of directors in relation to IT resources?
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?
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?
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?
What is the role of senior management in relation to enterprise IT assets?
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