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A company is deploying smartphones for its mobile salesforce. These devices are for personal and business use but are owned by the company. Sales personnel will save new customer data via a custom application developed for the company. This application will integrate with the contact information stored in the smartphones and will populate new customer records onto it. The customer application's data is encrypted at rest, and the application's connection to the back office system is considered secure. The Chief Information Security Officer (CISO) has concerns that customer contact information may be accidentally leaked due to the limited security capabilities of the devices and the planned controls. Which of the following will be the MOST efficient security control to implement to lower this risk?
Premium
An amount paid over the regular price or the intrinsic value for securities, insurance policies, or other financial products.
Margin Deposits
Funds that an investor must deposit as collateral to borrow from a broker to buy securities, typically used for trading on margin.
Call Options
Financial derivatives that grant the holder the option to purchase stocks or other assets at a predetermined price before the option expires.
Put Options
A financial contract granting the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified timeframe.
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