QuestionQ144

Privacy in Technology

To comply with the Sarbanes-Oxley Act (SOX), publicly traded companies in the United States must report annually on how effective the audit controls are for their financial reporting systems. These controls must prevent unauthorized use, disclosure, modification, and damage or loss of financial data.

Why do these controls provide for both data privacy and data security?

  • A Modification of data is an aspect of privacy; unauthorized use, disclosure, and damage or loss of data are aspects of security.
  • B Unauthorized use of data is an aspect of privacy; disclosure, modification, and damage or loss of data are aspects of security.
  • C Disclosure of data is an aspect of privacy; unauthorized use, modification, and damage or loss of data are aspects of security.
  • D Damage or loss of data are aspects of privacy; disclosure, unauthorized use, and modification of data are aspects of privacy.
Explanation

Privacy includes controlling disclosure of data so that it is not improperly exposed. Security safeguards data against unauthorized use, unauthorized modification, and damage or loss, preserving its authorized use, integrity, and availability.

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