Which of the following is the ULTIMATE goal of conducting a privacy impact analysis (PIA)?

A Privacy Impact Analysis (PIA) systematically assesses how personally identifiable information (PII) is collected, used, shared, and maintained, with the primary aim of identifying and mitigating privacy risks. This includes finding and closing gaps in existing data protection controls to ensure compliance and safeguard privacy.

Developing a customer notification plan is a response activity for data breaches, which might be a consequence of identified control gaps, but not the ultimate goal of the PIA itself.

Identifying Personally Identifiable Information (PII) is a foundational step in a PIA to understand the scope, but not the ultimate goal, which is to manage the risks associated with that PII.

Determining gaps in data identification processes is a narrower goal; the PIA's scope extends beyond identification to encompass the entire data lifecycle and associated protection controls.