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CIPM Test Study Section 1. Privacy Program Governance Ch. 1,2,3 (Strategic Management, Develop & Implement a Framework, Performance Measurement) questions with answers.

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CIPM Test Study Section 1. Privacy Program Governance Ch. 1,2,3 (Strategic Management, Develop & Implement a Framework, Performance Measurement) questions with answers.

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CIMP - Certificate In Investment Performance Measurement
Course
CIMP - Certificate in Investment Performance Measurement

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CIPM Test Study Section 1. Privacy
Program Governance Ch. 1,2,3 (Strategic
Management, Develop & Implement a
Framework, Performance Measurement)
questions with answers.
What is a business case? ANS -Defines a business need and describes a way to meet that goal



What is a biased sample? ANS -A measurement excluding relevant elements of data or "cherry picking"
to get desired result.



What is intentional deceit? ANS -Purposely excluding and manipulating numbers to mislead



What are requirements of PCI-DSS? ANS -PCI-DSS stands for Payment Card Industry Data Security
Standard. Its requirements include:



Firewall:

-default settings not allowed

-protect cardholder data

-encrypt transmissions

-antivirus

-secure systems and apps



Access Control:

-unique ID's

-physical access restricted

-monitor and track access

-test security system(s)

, -infosec policy



4 reasons an organization or privacy professional should use a Privacy Framework. ANS -1. Reduce risk

2. Avoid data loss

3. Sustain organization's market value

4. Comply with laws, regulations & industry standards



What is a privacy workshop? ANS -A meeting where privacy program stakeholders are informed about
legal and market expectations concerning privacy; Q&A; and setting a baseline for privacy knowledge.



What is APEC and how is it relevant to privacy? ANS -APEC stands for Asia Pacific Economic
Cooperation.



It is a privacy framework to enable safe data transfers meant to benefit consumers, business and
government.



What is the ISTPA? ANS -It stands for the International Security Trust & Privacy Alliance.



It is an industry organization focused on creating actionable frameworks for businesses implementing
data protection policies.



What are the metric taxonomies? Where do these taxonomies originate? ANS --Objective/Subjective

-Qualitative/Quantitative

-IT metrics/Quantitative measurement

-Static/Dynamic (static= doesn't change over time)

-Absolute/Relative (absolute= not dependent on other)

-Direct/Indirect



They originate from NIST IR 7564

Written for

Institution
CIMP - Certificate in Investment Performance Measurement
Course
CIMP - Certificate in Investment Performance Measurement

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