Implementing Microsoft Dynamics 365 Finance + Operations (On-Premises) | Solution Design

Key Considerations for Addressing System Compliance Requirements

Question

A company plans to implement Dynamics 365 Finance + Operations (on-premises)

The company has system compliance requirements that must be addressed.

You need to design the solution for the company.

What should you address in the design?

Answers

Explanations

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A. B. C. D.

B.

When designing a solution for a company that plans to implement Dynamics 365 Finance + Operations on-premises, it is important to address their system compliance requirements. Compliance refers to following rules and regulations set forth by governing bodies, industry standards, or internal policies. Non-compliance can result in financial penalties, loss of reputation, and legal consequences.

Of the options provided, data privacy is the most relevant compliance requirement when implementing a system like Dynamics 365 Finance + Operations. Data privacy refers to the protection of personal data collected, processed, and stored by an organization. Data privacy regulations such as the European Union's General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) require companies to follow strict guidelines when collecting and processing personal data.

When designing a solution for a company that has data privacy compliance requirements, several factors must be considered, such as:

  1. Data classification: Classify the data according to its sensitivity and apply security measures accordingly.

  2. Access control: Limit access to sensitive data to authorized personnel only and ensure that access control policies are in place.

  3. Encryption: Encrypt sensitive data both in transit and at rest to ensure that it cannot be read by unauthorized parties.

  4. Auditing and monitoring: Implement auditing and monitoring tools to track access and usage of sensitive data.

  5. Incident management: Have a plan in place to respond to data breaches and other security incidents.

In summary, when designing a solution for a company planning to implement Dynamics 365 Finance + Operations on-premises, it is crucial to address their data privacy compliance requirements, which include data classification, access control, encryption, auditing and monitoring, and incident management.