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Exam (elaborations)

Cipm Exam 2024 Questions And Answers (Graded A+), Exams Of Organizational Development

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CIPM EXAM 2024 QUESTIONS AND ANSWERS (GRADED A+), EXAMS OF ORGANIZATIONAL DEVELOPMENT

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CIPM EXAM 2024 QUESTIONS AND ANSWERS
(GRADED A+), EXAMS OF ORGANIZATIONAL
DEVELOPMENT
What are the overarching objectives to first establish a privacy
program? Correct Answer 1) Define Vision
2) Set privacy strategy
3) Develop the team and methods to measure

Secondary:
1) Set expectations
2) Ensure daily operations align with objectives
3) Grant Power

Developing Company Vision Steps Correct Answer 1) Mission
Statement: short statement (2-4 sentences) regarding why you
make the privacy decisions you do, what it is that you do, show
the value placed on privacy, define objectives, define roles
2) Develop Privacy Program Scope: to develop scope, must
identify the data, sources of data, the law, the information privacy
and security minimum requirements within such law, and the
repercussions for failing to conform
3) Obtain executive sponsorship for program

Primary Concern of In-House Privacy Professional Correct
Answer Ensure all law, regs, contractual commitments and
industry practices are followed

Developing Vision>Privacy Program Scope Correct Answer 1)
Know the law
2) Know the data

Developing Vision>Privacy Program Scope > Know the Data
Correct Answer Think of the organization as a heat map and/or a

,plumbing system. Trying to keep all data within the plumbing
without any leaks. In areas of high PI processing, and an
emphasis on areas of sensitive PI processing, the heatmap
becomes more intense.

Developing Vision>Privacy Program Scope > Know the Data >
Crazy 8 Questions to Ask Regarding Data Processing to Help
Define Privacy Program Scope Correct Answer 1) Where does it
come from and who does it flow to?
2) When is the data collected?
3) What is collected? And how is it collected?
4) Who has access to it? Include third parties.
5) Why is it necessary to have?
6) What is the data being used for?
7) Where is the data stored physically?
8) What are the legal requirements for the data?

Developing Vision > Privacy Program Scope > Know the Data > 6
Legal Questions to Ask to Help Define Program Scope Correct
Answer 1) What PI does the law cover?
2) What types of people/companies are covered?
3) What are the privacy or security requirements or prohibitions?
4) Who enforces the law?
5) What are the repercussions for failure to abide?
6) Why does the law exist?

High-Level statutory information security requirements that can be
found within various U.S. laws Correct Answer 1) Infosec
program
2) Encryption
3) PI inventory
4) Training
5) "Reasonable infosec"
6) Privacy Officer
7) Breach notice

,8) PCI-DSS
9) Authentication
10) Accountability and
11) Data destruction
12) Retention limits
13) Collection limits
14) Incident response plan (DR and BC)
15) Risk assessments
16) Third-party evaluation
17) Physical controls
18) Background checks
19) Contractual protections

High-Level statutory information privacy requirements that can be
found within various U.S. laws (11 questiosns) Correct Answer 1)
Privacy policy
2) Who PI sent to
3) Why and how collected (should include info on cookies, web
beacons, urls, IP addresses, etc.)
4) How it's used
5) Secondary consent for any secondary purpose
6) Description of the data lifecycle: collection, use, purpose,
disclosure, retention, deletion
7) Contract clauses
8) Controls on what minors can do
9) Data breach procedures
10) Privacy awareness/education
11) Data subject asccess, modification, authentication controls

Develop Privacy Program > Set Strategy > Business Alignment >
Steps to Implement Correct Answer 1) Develop the business
case for privacy (risk and operational efficiency)
2) Develop data governance strategy
3) Conduct Privacy Workshop

, Develop Privacy Program > Set Strategy > Business Alignment >
Business Case > Steps to Implement Correct Answer 1) Develop
the business case for privacy (risk and operational efficiency)
2) Identify the stakeholders
3) Leverage key functions
4) Create a process to interface with the organization

Develop Privacy Program > Set Strategy > Business Alignment >
Business Case Correct Answer Business case for privacy is risk
reduction and implicit operational efficiency upgrades as a result
of privacy controls put in place.

Risk lies in regulations, contract clauses, tort, and criminal liability.

Financial risk involved with poor infosec makes infosec imperatvie

Develop Privacy Program > Set Strategy > Business Case >
Material Breach of Contract Correct Answer Failure to abide by
contractual commitments to infosec generally can be expected to
be a material breach of contract of which can lead to damages,
specific performance, or termination of the agreement. Damages
may be higher than the actual value of the contract.

Develop Privacy Program > Set Strategy > Business Case >
Breach of Warranty Correct Answer Contractual breach of
warranty is a risk where a contract has general warranties,
warranties to abide with specific laws or regs, warranties that
specific controls will be in place, or warranties against certain
security vulnerabilities (ex: refrain from known viruses in
software).

Can attempt to limit risk by removing warranties, disclaiming
warranties, or limiting remedies via liability limitations.

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