What Would Be an Example of an Organization Transferring the Risks

question 102

Multiple Choice

What would be an example of an organization transferring the risks associated with a data breach?

• A) Using a third-party service to process credit card transactions.
• B) Encrypting sensitive personal data during collection and storage
• C) Purchasing insurance to cover the organization in case of a breach.
• D) Applying industry standard data handling practices to the organization' practices.

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Definitions:

Fraud

A deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Federal Level

Pertaining to or involving the central government of a federation rather than any of its constituent states or regions.

Used Car Sales

The activity or business of buying and selling pre-owned vehicles.

Board of Directors

A group of individuals elected to represent shareholders and make major decisions concerning the company's operations, finance, and policies.