ISDS 351 Exam 2 Questions with 100% Correct Answers Latest
Graded A+
Question:
What is IT Governance?
Answer:
A framework that ensures that information technology decisions are made while taking into
account a business' goals and objectives.
Question:
Why is corporate governance important today
Answer:
Corporate governance is intended to increase the accountability of your company and to avoid
massive disasters before they occur
Question:
Who are responsible for governance
Answer:
such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other
stakeholders
Question:
What are the goals of IT governance
Answer:
(1)ensuring that an organization achieves good value from its investments in IT and
(2)mitigating IT-related risks
Question:
Regulations for Compliance
Answer:
1. bank secrecy act
, Question:
2. basel II accord 3. california senate bill 1386 4. european union data protection directive 5. federal
information security management act 6. foreign account tax compliance act 7. foreign corrupt
practices act 8. gramm-leach-bliley act 9. health insurance portability and accountability act
(HIPAA) 10. Payment card industry data security standard 11. personal information protection and
electronic documents act (Canada) 12. sarbanes-Oxley act 13. USA PATRIOT act Bank Secrecy
Act
Answer:
Detect and prevent money laundering by requiring financial institutions to report certain
transactions to government agencies and to withhold from clients that such reports were filed about
them
Question:
Basel II Accord
Answer:
Create international standards that strengthen global capital and liquidity rules with the goal of
promoting a more resilient banking sector
Question:
California Senate Bill 1386
Answer:
Protect against identity theft by imposing disclosure requirements for businesses and government
agencies that experience security breaches that might put the personal information of California
residents at risk; the first of many state laws aimed at protecting consumers from identity theft
Question:
European Union Data Protection Directive
Answer:
Protect the privacy of European Union citizens' personal information by placing limitations on
sending such data outside of the European Union to areas that are deemed to have less than
adequate standards for data security
Question:
Federal Information Security Management Act
Answer:
Graded A+
Question:
What is IT Governance?
Answer:
A framework that ensures that information technology decisions are made while taking into
account a business' goals and objectives.
Question:
Why is corporate governance important today
Answer:
Corporate governance is intended to increase the accountability of your company and to avoid
massive disasters before they occur
Question:
Who are responsible for governance
Answer:
such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other
stakeholders
Question:
What are the goals of IT governance
Answer:
(1)ensuring that an organization achieves good value from its investments in IT and
(2)mitigating IT-related risks
Question:
Regulations for Compliance
Answer:
1. bank secrecy act
, Question:
2. basel II accord 3. california senate bill 1386 4. european union data protection directive 5. federal
information security management act 6. foreign account tax compliance act 7. foreign corrupt
practices act 8. gramm-leach-bliley act 9. health insurance portability and accountability act
(HIPAA) 10. Payment card industry data security standard 11. personal information protection and
electronic documents act (Canada) 12. sarbanes-Oxley act 13. USA PATRIOT act Bank Secrecy
Act
Answer:
Detect and prevent money laundering by requiring financial institutions to report certain
transactions to government agencies and to withhold from clients that such reports were filed about
them
Question:
Basel II Accord
Answer:
Create international standards that strengthen global capital and liquidity rules with the goal of
promoting a more resilient banking sector
Question:
California Senate Bill 1386
Answer:
Protect against identity theft by imposing disclosure requirements for businesses and government
agencies that experience security breaches that might put the personal information of California
residents at risk; the first of many state laws aimed at protecting consumers from identity theft
Question:
European Union Data Protection Directive
Answer:
Protect the privacy of European Union citizens' personal information by placing limitations on
sending such data outside of the European Union to areas that are deemed to have less than
adequate standards for data security
Question:
Federal Information Security Management Act
Answer:
