What is the purpose of analyzing identified privacy risks in terms of likelihood and impact?

To transfer risks to third parties

To eliminate all risks from the organization

To ensure compliance with data protection regulations

To assign a risk score that helps prioritize which risks to address first

An organization has identified two privacy risks: Risk A has a high likelihood and low impact, while Risk B has a low likelihood and high impact. The organization has limited resources and must prioritize. According to risk evaluation principles, which risk should be addressed first?

Both risks equally, because they have the same risk score.

Risk A, because it is more likely to occur.

Risk B, because the impact is high even though the likelihood is low.

Neither risk, because resources are limited.

What is the purpose of enforcing privacy policies?

To reduce the need for employee training

To ensure that the policies are followed and non-compliance is addressed

To transfer risk to third parties

To create a positive public image

In risk evaluation and prioritization, what is the role of the organization's risk appetite?

It is a legal requirement that must be documented

It defines the level of risk the organization is willing to accept

It determines the exact controls to implement for every risk

It is the same for all organizations in the same industry

Certified Data Privacy Solutions Engineer

Domain 2Objective 1

Risk Management Process and Policies CDPSE Practice Questions (Page 3)

Part of the Privacy Risk Management and Compliance domain, which accounts for 18% of the CDPSE exam.

40questions here

8free pages

10concepts

18%of the exam

Questions 11–15

11foundation · easy
What is the purpose of analyzing identified privacy risks in terms of likelihood and impact?
Select an answer first
12application · medium
An organization has identified two privacy risks: Risk A has a high likelihood and low impact, while Risk B has a low likelihood and high impact. The organization has limited resources and must prioritize. According to risk evaluation principles, which risk should be addressed first?
Select an answer first
13foundation · easy
What is the purpose of enforcing privacy policies?
Select an answer first
14foundation · easy
Which of the following is a recognized risk treatment option?
Select an answer first
15foundation · easy
In risk evaluation and prioritization, what is the role of the organization's risk appetite?
Select an answer first

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