1.2-1.4 Flashcards

1.2: Accountability 1.3: Beyond Law and Compliance 1.4: Why does an org need a privacy program

1
Q

Accountable orgs…

A

*Have the proper policies and procedures to promote best practices in handling personal information and can generally demonstrate that they have the capacity to comply with applicable privacy laws.
*Promote trust and transparency to provide individuals with confidence in their abilities to protect personal information and respect data rights.
*Must be able to show/prove their actions

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2
Q

Accountability means…

A

*Taking ownership of the actions an org does / does not take to protect personal data.
*Can provide flexibility about how the org complies w/obligations
*Documenting any deviations and actions taken for failures in complying with data protection policies

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3
Q

Consumer trust…

A

*Is hard to obtain and harder to get back once lost
*Loss of consumer trust can have severe repercussions / be ruinous

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4
Q

Why a privacy program?

A

*Show the company is reputable
*Enhance brand and public trust
*Meet regulatory obligations
*Encourage ethical data-processing practices
*Enable global operations
*Prevent and mitigate effects of data breaches
*Competitive differentiator
*Increase value and quality of data for the business
*Reduce risk of lawsuits
*Be a good corporate citizen
*Meet customer expectations
*Integrate data ethics into decision making

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5
Q

Trust

A

Being transparent, accountable and a good data steward of personal information shows that an org is trustworthy and of the information entrusted to them.

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