Which process identifies and manages privacy risks arising from new projects, initiatives, systems, processes, strategies, policies, business relationships, and other risk events?

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Multiple Choice

Which process identifies and manages privacy risks arising from new projects, initiatives, systems, processes, strategies, policies, business relationships, and other risk events?

Explanation:
A privacy risk assessment is a structured process used when planning new projects, systems, processes, policies, or business relationships to identify and manage privacy risks. It looks at how personal data is collected, used, shared, stored, and retained, and it evaluates whether current safeguards are enough or if additional controls are needed. This involves considering applicable laws and regulations, data minimization, access controls, data subject rights, and potential impacts to individuals. The outcome is a documented assessment that describes the privacy risk levels and a plan of mitigations—so the project can proceed with privacy protections in place. Other concepts in the options focus on maintaining essential operations, repair metrics, or recovery targets, not on identifying and addressing privacy risks, which is the distinct purpose of a privacy risk assessment.

A privacy risk assessment is a structured process used when planning new projects, systems, processes, policies, or business relationships to identify and manage privacy risks. It looks at how personal data is collected, used, shared, stored, and retained, and it evaluates whether current safeguards are enough or if additional controls are needed. This involves considering applicable laws and regulations, data minimization, access controls, data subject rights, and potential impacts to individuals. The outcome is a documented assessment that describes the privacy risk levels and a plan of mitigations—so the project can proceed with privacy protections in place. Other concepts in the options focus on maintaining essential operations, repair metrics, or recovery targets, not on identifying and addressing privacy risks, which is the distinct purpose of a privacy risk assessment.

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