GAPP Framework
Question
The GAPP framework was developed through a joint effort between the major Canadian and American professional accounting associations in order to assist their members with managing and preventing risks to the privacy of their data and customers.
Which of the following is the meaning of GAPP?
Answers
Explanations
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A. B. C. D.C.
The correct answer is C. Generally accepted privacy principles.
GAPP stands for "Generally Accepted Privacy Principles" and it is a framework that was developed by a joint effort between the major Canadian and American professional accounting associations in order to assist their members with managing and preventing risks to the privacy of their data and customers.
The GAPP framework consists of 10 principles that provide a comprehensive approach to managing privacy risks. The 10 principles are:
Management: The organization should establish and maintain a privacy program that is appropriate for the size and complexity of the organization and the nature of its activities.
Notice: The organization should inform individuals about the purposes for which it collects, uses, retains, and discloses personal information.
Choice and Consent: The organization should provide individuals with choices regarding the collection, use, retention, and disclosure of their personal information and obtain their consent for such activities.
Collection: The organization should collect only the personal information that is necessary for the purposes identified by the organization.
Use, Retention, and Disposal: The organization should use, retain, and dispose of personal information in accordance with the purposes identified by the organization and in compliance with applicable laws and regulations.
Access: The organization should provide individuals with access to their personal information and the opportunity to correct or amend such information, if necessary.
Disclosure to Third Parties: The organization should disclose personal information to third parties only for the purposes identified by the organization and with the consent of the individual, unless otherwise required by law.
Security for Privacy: The organization should implement reasonable security measures to protect personal information from unauthorized access, disclosure, and misuse.
Quality: The organization should take reasonable steps to ensure that personal information is accurate, complete, and up-to-date.
Monitoring and Enforcement: The organization should monitor its privacy program and enforce its privacy policies and procedures.
In summary, GAPP is a framework of generally accepted privacy principles that provide guidance to organizations for managing and preventing risks to the privacy of their data and customers.
