A Magnetic Tape Used to Store Data Backups Was Lost

question 44

Short Answer

A magnetic tape used to store data backups was lost while it was being transported to an offsite storage location. The data on the tape includes customers' credit card and personal information. Which preventive control(s) should have been used to minimize the potential loss?

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Definitions:

Reducing Prices

Implementing strategies to lower the selling price of goods or services to stimulate demand or remain competitive.

Supply Management

The process of identifying, acquiring, and managing the resources and suppliers needed by an organization to perform its operations effectively.

Decentralized Purchasing Structure

An organizational framework where purchasing decisions are made independently across different departments or locations, rather than being centralized.

Centralization

The organizational structure decision to concentrate decision-making authority and control at higher levels of management.