Free DRC Compliance and Standards Questions and Answers

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What is the main goal of the Sarbanes-Oxley Act (SOX) in relation to data management?

Correct! Wrong!

The Sarbanes-Oxley Act (SOX) aims to enhance corporate financial disclosures and prevent accounting fraud, impacting how financial data is managed and reported.

Which U.S. law regulates the collection, use, and disclosure of personal information by federal agencies?

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The Privacy Act of 1974 regulates the collection, use, and disclosure of personal information by federal agencies in the United States.

What is the General Data Protection Regulation (GDPR) primarily concerned with?

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GDPR is a regulation in the European Union that focuses on data protection and privacy for individuals within the EU.

Which organization is responsible for developing and maintaining international standards for information security management?

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The International Organization for Standardization (ISO) is responsible for developing and maintaining international standards for information security management, such as ISO/IEC 27001.

Which legislation mandates the protection of personal health information in the United States?

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The Health Insurance Portability and Accountability Act (HIPAA) mandates the protection of personal health information in the United States.

What does the acronym FISMA stand for?

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FISMA stands for the Federal Information Security Management Act, which aims to protect government information and assets against threats.

Which of the following is a key component of a compliance program?

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Regular audits and assessments are key components of a compliance program to ensure ongoing adherence to laws, regulations, and internal policies.

What is the primary purpose of conducting a data privacy impact assessment (DPIA)?

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A DPIA is conducted to identify and mitigate privacy risks associated with data processing activities, ensuring compliance with privacy regulations.

What is the role of the Data Protection Officer (DPO) under GDPR?

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The DPO is responsible for overseeing the data protection strategy and ensuring compliance with GDPR requirements.

What is the primary focus of the California Consumer Privacy Act (CCPA)?

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The CCPA focuses on protecting the privacy rights of California residents, giving them greater control over their personal information.

What is the primary purpose of compliance in data management?

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The primary purpose of compliance is to ensure that all data management activities adhere to relevant laws, regulations, and standards to avoid legal issues and ensure data integrity.