1-5 Flashcards
1
Q
What is administrative inquiry?
A
Gathering and analysis of info related to a major incident so that action can be taken to address and prevent.
2
Q
Industry Investigations?
A
Aligned to violation of contractual or alliance standards, like PCI.
3
Q
Regulatory Law?
A
Laws enacted by Gov and violations investigate by government. Fines penalties, and suspension, may be imposed.
4
Q
Due Care?
A
exercising the minimum standard of care that a prudent person would have exercised under the same or similar conditions.
5
Q
Due Diligence?
A
identification of any potential legal risks or issues associated with an activity to make informed decisions.
