IDSC Quiz 5

Compliance

Adhering to a rule, such as a policy, standard, specification, or law. defines the goals companies want to achieve to ensure that they understand and take the necessary steps to comply with policies, relevant laws, and regulations.

Compliance Audit

a comprehensive review of an organization's adherence to regulatory guidelines.evaluate the strength and thoroughness of compliance preparations, security policies, user access controls and risk management procedures

External Compliance

Also known as regulatory compliance, refers to the measures a company takes to remain compliant with state and federal laws. They are the response to the rules and regulations set for an industry outside of your company

E-Waste

describes discarded electrical or electronic devices. Used electronics which are destined for refurbishment, reuse, resale, salvage recycling through material recovery, or disposal

Delegation of Authority

Is the process of transferring decision-making power from one person or group to another. can be used to make decision-making more efficient and distributed.

General Data Protection Regulation (GDPR)

the toughest privacy and security law in the world. Though it was drafted and passed by the European Union (EU), it imposes obligations onto organizations anywhere, so long as they target or collect data related to people in the EU. The regulation was put into effect on May 25, 2018. will levy harsh fines against those who violate its privacy and security standards, with penalties reaching into the tens of millions of euros.

Governance

The system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The shareholders' role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place.

Green IT (green computing or ICT sustainability)

the study and practice of environmentally sustainable computing or IT.

Internal Compliance

Following the procedures and best practices laid down by an organization in its ICP. It is an internal mechanism comprising of best practices, guidelines, and policies to minimize risk of legal and international policy violations.

Regulation

the management of complex systems according to a set of rules.

Risk Management (Technology)

any potential for technology failures to disrupt business such as information security incidents or service outages.

Accountability

each member being responsible for their assigned tasks and the overall team success

Augmented Reality

an interactive experience of a real-world environment where the objects that reside in the real world are enhanced by computer-generated perceptual information, sometimes across multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory

Collaboration

the action of working with others on a shared goal

Explicit knowledge

is captured within various document types and identifiable sources

Knowledge Management

the collection of methods relating to creating, sharing, using and managing the knowledge and information of an organization. It refers to a multidisciplinary approach to achieve organizational objectives by making the best use of knowledge

Shared Research Collaboration

Organizations that work together on research to achieve the common goal– example universities and business, Mayo Clinic, Medtronic, Optum & UM (diabetes research)

Software as a service (SaaS)

a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. is also known as "on-demand software" and Web-based/Web-hosted software

Synergy

the idea that the combined effort of the group is greater than the sum of individual efforts

Tacit Knowledge

Knowledge, skills, and abilities an individual gains through experience that is often difficult to put into words

Virtual Reality

a simulated experience that can be similar to or completely different from the real world. Applications include entertainment, education and business