Certified Information Privacy Technologist (CIPT) — Question 62
Organizations understand there are aggregation risks associated with the way the process their customer's data. They typically include the details of this aggregation risk in a privacy notice and ask that all customers acknowledge they understand these risks and consent to the processing.
What type of risk response does this notice and consent represent?
Answer options
- A. Risk transfer.
- B. Risk mitigation.
- C. Risk avoidance.
- D. Risk acceptance.
Correct answer: D
Explanation
This notice and consent process exemplifies risk acceptance, as customers acknowledge the risks and agree to the terms of data processing. The other options, such as risk transfer and risk mitigation, imply different strategies for dealing with risks, while risk avoidance refers to eliminating the risk entirely, which is not the case here.