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?
In which of the following cases, would an organization be more prone to risk acceptance vs. risk mitigation?
An organization licenses and uses personal information for business operations, and a server containing that information has been compromised. What kind of law would require notifying the owner or licensee of this incident?
Risk that remains after risk mitigation is known as