Question Tag: Data protection

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AAA – May 2023 – L3 – Q6 – Regulatory Framework and Professional Standards

Evaluate the principles of the Nigerian Data Protection Regulation and discuss its requirements in an audit context.

The audit of one of your firm’s new clients is ongoing. Review and compliance procedures were being carried out by the audit team. There were unsatisfactory issues with some of the data generated for use in the testing process. These issues were escalated, and it became necessary to bring in the firm’s IT specialists for confirmation purposes. With your competence in this area, you were asked to provide the necessary guidance and assurance needed by the audit team.

Required:

(a) Evaluate the components of the governing principles of the Nigerian Data Protection Regulation, 2019, as applicable in the circumstance. (6 Marks)

(b) Discuss the requirements of the data protection framework. (9 Marks)

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PM – Nov 2016 – L2 – Q7 – Risk Management

This question involves advising a company on how to protect its data from hackers and viruses, addressing cybersecurity threats and preventive measures.

Adak Nigeria Limited sells its products through the internet. Many people around the world have access to its website to transact various businesses. Recently, the company has been experiencing security issues with its business processes. The management has raised concerns about the following:

a. How to protect its data from hackers.
b. How to prevent its files from being destroyed by viruses.

As a Performance Management Expert, you have been consulted to provide advice on the following:
(i) How to protect the company’s data from hackers.
(ii) The types of viruses that can affect the company’s files.

Required:
Prepare a paper that addresses the concerns above.

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BMF – Nov 2022 – L1 – SA – Q4 – Business and Organizational Structures and Choices

This question covers the legal framework for data protection.

A law designed to protect individuals against others collecting, holding, and using information about them without their permission is called:
A. Data protection law
B. Employment law
C. Competition law
D. Health and safety law
E. Legalised law

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MI – May 2023 – L1 – SB – Q5c – Information Systems

This question asks for principles of data protection under GDPR or similar frameworks.

State FOUR principles of data protection under the General Data Protection Regulation (GDPR) or a similar framework.

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MI – May 2023 – L1 – SB – Q5a – Information Systems

This question asks for the difference between data privacy and data protection.

Identify the difference between data privacy and data protection.

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MI – Mar-Jul 2020 – L1 – SA – Q15 – Information Systems

Identify the strategy that does not safeguard information assets.

Information assets CANNOT be safeguarded through which of the following strategies?

A. Prevention/detection of fraud
B. IT warehouse
C. Law
D. Confidentiality
E. Privacy

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BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

The purpose of data protection law is to protect the:
A. Managers
B. Owners
C. Governments
D. Individuals
E. Investors

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BMIS – Nov 2023 – L1 – Q5a – The internet, cloud computing, IS security and blockchain

Explain five controls that an organization can adopt to provide security for its computer systems and stored data.

Computer systems are increasingly being exposed to security risks which threaten the security and integrity of the systems and data storage. The good news however is that these risks can greatly be minimised through a variety of controls which provide network and communication security.

Required: Explain FIVE (5) controls which could be adopted by an organisation to provide security for its computer systems and data stored.

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AAA – May 2023 – L3 – Q6 – Regulatory Framework and Professional Standards

Evaluate the principles of the Nigerian Data Protection Regulation and discuss its requirements in an audit context.

The audit of one of your firm’s new clients is ongoing. Review and compliance procedures were being carried out by the audit team. There were unsatisfactory issues with some of the data generated for use in the testing process. These issues were escalated, and it became necessary to bring in the firm’s IT specialists for confirmation purposes. With your competence in this area, you were asked to provide the necessary guidance and assurance needed by the audit team.

Required:

(a) Evaluate the components of the governing principles of the Nigerian Data Protection Regulation, 2019, as applicable in the circumstance. (6 Marks)

(b) Discuss the requirements of the data protection framework. (9 Marks)

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PM – Nov 2016 – L2 – Q7 – Risk Management

This question involves advising a company on how to protect its data from hackers and viruses, addressing cybersecurity threats and preventive measures.

Adak Nigeria Limited sells its products through the internet. Many people around the world have access to its website to transact various businesses. Recently, the company has been experiencing security issues with its business processes. The management has raised concerns about the following:

a. How to protect its data from hackers.
b. How to prevent its files from being destroyed by viruses.

As a Performance Management Expert, you have been consulted to provide advice on the following:
(i) How to protect the company’s data from hackers.
(ii) The types of viruses that can affect the company’s files.

Required:
Prepare a paper that addresses the concerns above.

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BMF – Nov 2022 – L1 – SA – Q4 – Business and Organizational Structures and Choices

This question covers the legal framework for data protection.

A law designed to protect individuals against others collecting, holding, and using information about them without their permission is called:
A. Data protection law
B. Employment law
C. Competition law
D. Health and safety law
E. Legalised law

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You're reporting an error for "BMF – Nov 2022 – L1 – SA – Q4 – Business and Organizational Structures and Choices"

MI – May 2023 – L1 – SB – Q5c – Information Systems

This question asks for principles of data protection under GDPR or similar frameworks.

State FOUR principles of data protection under the General Data Protection Regulation (GDPR) or a similar framework.

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MI – May 2023 – L1 – SB – Q5a – Information Systems

This question asks for the difference between data privacy and data protection.

Identify the difference between data privacy and data protection.

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You're reporting an error for "MI – May 2023 – L1 – SB – Q5a – Information Systems"

MI – Mar-Jul 2020 – L1 – SA – Q15 – Information Systems

Identify the strategy that does not safeguard information assets.

Information assets CANNOT be safeguarded through which of the following strategies?

A. Prevention/detection of fraud
B. IT warehouse
C. Law
D. Confidentiality
E. Privacy

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You're reporting an error for "MI – Mar-Jul 2020 – L1 – SA – Q15 – Information Systems"

BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

The purpose of data protection law is to protect the:
A. Managers
B. Owners
C. Governments
D. Individuals
E. Investors

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BMIS – Nov 2023 – L1 – Q5a – The internet, cloud computing, IS security and blockchain

Explain five controls that an organization can adopt to provide security for its computer systems and stored data.

Computer systems are increasingly being exposed to security risks which threaten the security and integrity of the systems and data storage. The good news however is that these risks can greatly be minimised through a variety of controls which provide network and communication security.

Required: Explain FIVE (5) controls which could be adopted by an organisation to provide security for its computer systems and data stored.

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