CAMS · Question #1001
Interactions between the compliance department and other functions or departments within an organization contribute to making the anti-financial crime (AFC) compliance program more robust by…
The correct answer is A. Information security office (ISO) D. Data privacy office (DPO). A (ISO): Ensures information security controls are aligned with AFC efforts, protecting sensitive data and reducing the risk of cyber-enabled financial crime. D (DPO): Helps ensure compliance with data privacy laws and enables secure, lawful information- sharing for AML…
Question
Interactions between the compliance department and other functions or departments within an organization contribute to making the anti-financial crime (AFC) compliance program more robust by addressing specific risk areas. Which departments play a crucial role in enhancing the AFC compliance program of an organization? (Select Two.)
Options
- AInformation security office (ISO)
- BMarketing and sales
- CHuman resources (HR)
- DData privacy office (DPO)
How the community answered
(61 responses)- A77% (47)
- B15% (9)
- C8% (5)
Explanation
A (ISO): Ensures information security controls are aligned with AFC efforts, protecting sensitive data and reducing the risk of cyber-enabled financial crime. D (DPO): Helps ensure compliance with data privacy laws and enables secure, lawful information- sharing for AML purposes. "Collaboration with the ISO and DPO is critical to maintaining data security and privacy within AFC compliance frameworks."
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