Data Privacy and Data Protection in Finance Testing CT-FT Practice Questions (Page 7)

Questions 31–33

1. 31foundation · easy

   Which of the following is a documentation requirement for data testing practices in a regulated financial institution?

   • ADocumentation can be informal and verbal
   • BDocumentation of the testing procedures and data handling practices
   • CDocumentation is optional for test environments
   • DDocumentation is only needed if a breach occurs
   Reveal Solution Discussion Select an answer first
2. 32foundation · easy

   What is the primary purpose of data masking in test environments?

   • ATo reduce the size of the test database
   • BTo encrypt data in transit between environments
   • CTo de-identify sensitive data while maintaining its usefulness for testing
   • DTo ensure test data is identical to production data
   Reveal Solution Discussion Select an answer first
3. 33foundation · easy

   What is the primary purpose of a Privacy Impact Assessment (PIA) in the context of data testing?

   • ATo determine the cost of testing
   • BTo assess the performance of the test environment
   • CTo ensure the test data is realistic
   • DTo identify and mitigate privacy risks associated with data processing activities
   Reveal Solution Discussion Select an answer first