What Is the Main Function of a Breach Response Center

question 117

Multiple Choice

What is the main function of a breach response center?

• A) Detecting internal security attacks.
• B) Addressing privacy incidents.
• C) Providing training to internal constituencies.
• D) Interfacing with privacy regulators and governmental bodies.

---

Definitions:

IFRS

International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.

GAAP

Generally Accepted Accounting Principles, a set of rules encompassing the details, complexities, and legalities of business and corporate accounting in the United States.

Acid-Test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick assets, such as cash, accounts receivable, and short-term investments.

Quick Assets

Quick Assets are those assets that can be quickly converted into cash, typically including cash, marketable securities, and receivables.