1.6 Compliance & Ethical Behavior Flashcards
Is Intellectual Property tangible or intangible?
IP are intangible assests. Things you can’t touch.
GDPR laws were put into place to (select all that apply):
A. Harmonize data protection laws across Europe
B. Allow companies to collect data information for marketing purposes
C. Offer individuals more control over their personal data
D. Provide EU governing bodies access to demographic data for decision-making purposes
A. AND C.
The GDPR laws were put into place to harmonize data protection laws across Europe and offer individuals more control over their personal data.
Is an employee’s email address considered Intellectual Capital or Personally Identifiable Information?
PII or Personally Identifiable Information
True or False: Failure to report a data breach in an allotted time frame can result in a fine of $10 million according to the GDPR.
True. a “Notification of data breach” is one of 3 measures updated in the EU’s General Data Protection Regulation to tighten security.
What policy does a TD professional need when handling confidential information?
(Acceptable) Data usage Policies
What are some examples of intellectual capital in an organization?
employee expertise, organizational processes, or formulas
What are some types of customer data a TD professional should be aware of and know how to protect?
the size of orders or employee contact information
Mishandled information can cause real harm to what or who?
the organization’s competitive advantage
employees
patients
customers’ businesses or customer relationship
The EU’s GDPR stands for what?
European Union General Data Protection Regulation (GDPR)
The European Union General Data Protection Regulation (GDPR) is a significant milestone in data privacy regulation. In effect since May 2018, GDPR is designed to harmonize data privacy laws across Europe, protect and empower all EU citizens’ data privacy, and reshape the way organizations approach data privacy.TT
