ACFCS Financial Crime SpecialistExam CFCS Question # 70 Topic 2 Discussion

ACFCS Financial Crime SpecialistExam CFCS Question # 70 Topic 2 Discussion

CFCS Exam Topic 2 Question 70 Discussion:
Question #: 70
Topic #: 2

Your firm has been retained aspairof a complex internal fraud case for a large corporation.Aspartof the investigation you are seeking to collect

transaction records held in a subsidiary office located in another country.

The country has strict laws governing cross-border sharing of its citizens' personally identifiable information It does allow data sharing under sate harbor agreements with companies that meet certain data protection standards but your company does not currently have the criteria for such an agreement.

You are not sure il the records you are seeking would contain personal information subjecttothe country's data privacy laws but the matter is time-sensitive and reviewing these records is considered essential to move forward.

Which is Ihe BEST next step lo lake in your investigation?


A.

Review the transaction records within the subsidiary s country and only transmit relevant non-personal data back to your country


B.

Initiate a review of your company's data protection standards lo identify any needed improvements and start the process to applyfora safe harbor agreement


C.

Request that the transaction records be transmitted to your country immediately then delete any personally identifiable information during the review process


D.

Submit a request to law enforcement in the subsidiary's country to assist with searching and seizing the transaction records


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