Question

Locate and review the 12 CFR 170 - Appendix B. Given the current environment of data protection, draft three paragraphs of key controls you feel would help protect customer information.

Answer 1

A Thumbs Up! Would be really helpful for me. If you have any questions, please leave a comment and I will get back to you as soon as possible.

Here I am going to give a review about the twelve CFR 170 Appendix B along with key controls that would help to protect customer information.

it is very important that we protect the customer information to make sure that the customer feels safe and protected. Customer information plays a very important and vital role as when the information gets into the wrong hands it can be really dangerous for the company as well as the customers. When the data information of customers is protected they feel safe and trusted. In 12 CFR 170 - Appendix B, there are several guidelines and commands that should be followed up to keep the customer information safe and protected. Guidelines under the 12 CFR 170 appendix B are applied to the customer's data information on behalf of the customers to keep their information safe and protected.

some of the key controls that would help to protect customer information are the following:-

1) DON'T COLLECT MORE THAN YOU NEED:- it is really important to collect only that data which is needed by the company. Collecting data more than we need can be dangerous and can be really confusing to keep and maintain them properly with the data which is really necessary. Collecting data more than need can be a mess and really confusing.

2) PROTECT DIGITAL DATA AND FOLLOW THE GUIDELINES:- it is really important that protect the digital data and follow the guidelines under the 12 CFR 170 appendix B. digital data is very critical to maintaining as when the digital data gets into some wrong hands it can be really dangerous for the company as well as the customer so it is really important to fall of the guidelines and protecting the digital data of the customers.

3) ONBOARD A PROPER TEAM:- it is really important to onboard a property to make sure that the team is doing its work properly to keep the customer's information safe and protected. The team and the team members are specially hired to make sure that the data is maintained properly and kept safe and protected.