Question

What results from the loss of control of customers’ personally identifiable information?

Answer 1

Answer:

What results from the loss of control of customers’ personally identifiable information?

✔✌✌✌The result from the loss of control of customers' personally identifiable information is paying heavy fines, losing the trust of the customers, it damages the reputation, dissatisfaction amongst the employees, attrition problems and so many more issues.✌✌✌✔✔

Answer 2

(a) The loss of customer trust and lasting damage to brand reputation.

Explanation:

• A CISO ("Chief Information Security Officer") establishes a security strategy and ensures the safeguarding of data assets. Traditionally, CISOs work together with the CIO (chief information officer) to accomplish these objectives.
• As custodians of the protection of information the CISO 's function lies in designing a policy that tackles the increasing complexities of regulations, developing policies, technology infrastructure and cyber-threats-reduced processes and systems that protect data. Compliance is a core element of the role, "understanding risk management".
• Protecting personal data requires companies to follow numerous procedures. It leads to the creation of different data management policies. This involves educating users, downloading and installing data security onto your system to prevent data loss, encryption, protection against threats, and more.
• The consequence of losing track of the details that consumers will personally identify are high fines, loss of consumers' trust, credibility, workers' discontent, retention issues and many other problems.