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A Chief Information Security Officer (CISO) Is Concerned the Development

question 63

Multiple Choice

A Chief Information Security Officer (CISO) is concerned the development team, which consists of contractors, has too much access to customer data. Developers use personal workstations, giving the company little to no visibility into the development activities. Which of the following would be BEST to implement to alleviate the CISO's concern?

Recognize circumstances that could lead to breaches of corporate duties by directors and officers and the potential legal consequences.
Identify the rights and protections available to directors and officers, such as indemnification and the business judgment rule.
Analyze the legal implications of corporate governance decisions, including hiring practices, breach of contracts, and negligence.
Understand the mechanisms and legal obligations involved in corporate decision-making, including disclosure of conflicts of interest.

Definitions:

Materials Costs

Expenses incurred in the acquisition of raw materials used in production.

Conversion Cost

The sum of direct labor and manufacturing overhead costs, representing the expense to convert raw materials into finished products.

Ending Work

Ending work often refers to the inventory of unfinished goods at the end of an accounting period.

Conversion Cost

Costs incurred during the manufacturing process, which include direct labor and overhead costs, to convert raw materials into finished products.

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