CUCE General Operations Practice Exam

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Question: 1 / 400

Which of the following statements about the data security breach response program is true?

It is optional for insured credit unions

It must include member notification only

It must be reviewed periodically

The accuracy of the chosen statement centers on the essential need for a data security breach response program to be periodically reviewed. This review process ensures that the program evolves in accordance with new security threats, regulatory updates, and changes in institutional policies or technologies. Regularly revisiting the program allows credit unions to assess its effectiveness and implement improvements or adjustments as necessary.

Maintaining an active and up-to-date breach response program is critical for safeguarding sensitive member information and minimizing potential damage in the event of a data compromise. By conducting periodic reviews, credit unions can remain proactive rather than reactive when facing data security incidents, which ultimately contributes to ensuring compliance with applicable regulations and enhancing member trust.

This focus on continual assessment distinguishes it from the other options, where the implications either suggest laxity or inadequacies, such as making it optional or limiting member notification, which does not align with best practices in data security management.

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It is regulated by private entities only

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