Which of the following is the MAIN reason to follow a formal risk management process in an organization that hosts and uses privately identifiable information (PII) as part of their business models and processes?
Select an option, then click Submit answer.
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Need to comply with breach disclosure laws
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Need to transfer the risk associated with hosting PII data
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Need to better understand the risk associated with using PII data
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Fiduciary responsibility to safeguard credit card information