SCENARIO - Please Use the Following to Answer the Next

question 22

Multiple Choice

SCENARIO - Please use the following to answer the next question: Singabank is a boutique bank in Singapore. After being notified during the hiring process, Singabank employees are subject to constant and thorough monitoring and tracking through CCTV cameras, computer monitoring software and keyboard loggers. Singabank does this to ensure its employees are complying with Singabank's data security policy. Bigbank is now considering acquiring Singabank's retail banking division. As part of its due diligence, Bigbank is seeking for Singabank to disclose to it all of its surveillance material on its employees, whether or not they are part of the retail banking division. Jimmy works in Singabank's investment banking division. Assuming the monitoring was legal, can Singabank disclose Jimmy's personal data to Bigbank?

• A) No, because Jimmy is not in the division that Bigbank seeks to acquire.
• B) No, because the data was collected for the express purpose of complying with Singabank's privacy policies.
• C) Yes, if Singabank informs Jimmy of the disclosure of his personal data before it occurs.
• D) Yes, if Jimmy's personal data is necessary for Bigbank to determine whether to proceed with the acquisition.

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Definitions:

Normal Probability Distribution

A bell-shaped distribution that is symmetric about the mean, showing how random variables are distributed.

Continuous Probability Distribution

A probability distribution that assigns probabilities to a continuum of possible outcomes, often described by a probability density function.

Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of data values; an indicator of data spread or how spread out the data are.

Standard Normal Distribution

A normal distribution with a mean of zero and a standard deviation of one, used in statistical analysis.