Cipm - Iapp EXAM 2023 WITH 100% CORRECT ANSWERS

Strategic Management is the first high level necessary task to implement proactive privacy management through the following 3 subtasks: (1) Define Privacy Vision and Privacy Mission Statementnn(2) Develop Privacy Strategynn(3) Structure Privacy Team Strategic management of privacy starts by creating or updating the organization vision and mission statement based on privacy best practices that should include: (1) Develop vision and mission statement objectivesnn(2) Define privacy program scopennn(3) Identify legal and regulatory compliance challengesnnn(4) Identify organization personal information legal requirements Define Privacy Program Scope 1) Identify & Understand Legal and Regulatory Compliance Challengesnii) Identify the Data ImpactednnUnderstand Global PerspectivenCustomize ApproachnBe Aware of Laws, Regulations, Processes, ProceduresnMonitor Legal Compliance Factors Types of Protection Models (4) i) Sectoral (US)nii) Comprehensize (EU, Canada, Russia)niii) Co-Regulatory (Australia)niv) Self Regulated (US, Japan, Singapore) Questions to Ask When Determining Privacy Requirements (Legal) - Who collects, uses, maintians Personal Informationn- What are the types of Personal Informationn- What are the legal requirements for the PIn- Where is the PI storedn- How is the PI collectedn- Why is the PI collected Steps to Developing a Privacy Strategy (5) i) ID Stakeholders and Internal Partnershipsnii) Leverage Key Functionsniii) Create a Process for Interfacingniv) Develop a Data Governance Strategynv) *Conduct a Privacy Workshop Data Governance Models (3) i) Centralizednii) Local/Decentralizedniii) Hybrid What is a Privacy Program Framework? Implementation roadmap that provides structure or checklists to guide privacy professionals through management and prompts for details to determine privacy relevant decisions. Popular Frameworks (6) APEC Privacy - regional data transfersnPIPEDA (Canada) & AIPP (Australian)nOCEDnPrivacy by DesignnUS Government Steps to Develop Privacy Policies, Standards, Guidelines (4) i) Assessment of Business Case nii) Gap Analysis - niii) Review & Monitorniv) Communicate Business Case Defines individual program needs and way to meet specific goals.nn- Org Privacy Guidancen- Define Privacyn- Laws/Regsn- Technical Controlsn- External Privacy Orgsn- Frameworksn- Privacy Enhancing Tech (PETs)n- Education/Awarenessn- Program Assurance What are the 4 Parts of the Privacy Operational Life Cycle i) Assessnii) Protectniii) Sustainniv) Respond 5 Maturity Levels of the AICPA/CICA Privacy Maturity Model? i) Ad Hoc - Procedures informal, incomplete, inconsistently applied (not written)nii) Repeatable - Procedures exist, partially documented, don't cover all areasniii) Defined - All documented, implemented, cover all relevant aspectsniv) Managed - Reviews conducted assess effectiveness of controlsnv) Optimized - Regular reviews and feedback to ensure continuous improvements.