It Should Be Evident from the TJX Example That

question 6

Multiple Choice

It should be evident from the TJX example that:

• A) security breaches are not as damaging to companies as other crimes are.
• B) industry guidelines for information security are not suitable for everyone and should be made optional.
• C) information security must be a top organizational priority.
• D) skimping on liability insurance to cover for financial losses from security breaches is not advisable.
• E) with a little effort and resources, it is possible to make any security system hundred percent foolproof.

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Definitions:

Contaminated Cola

A scenario where a cola or soft drink becomes impure or unsafe for consumption due to the presence of harmful substances.

Audited Financial Statements

Financial reports (income statement, balance sheet, and cash flow statement) of a company that have been reviewed and certified by a certified public accountant (CPA) to ensure accuracy and compliance with accounting standards.

Battery Contamination

The leakage or spilling of harmful substances from batteries, which can cause environmental damage and pose health risks.

Breach of Contract

An act of failing to fulfill the terms agreed upon in a contract, leading to legal action for enforcement or damages.