What is the primary objective of privacy risk management?

Study for the Certified Information Privacy Manager exam. Utilize flashcards and multiple choice questions with hints and detailed explanations. Prepare effectively for your CIPM certification.

The primary objective of privacy risk management is to identify, evaluate, and mitigate privacy risks. This process involves systematically recognizing potential privacy risks that could affect an organization’s data handling practices and the personal information of individuals. Once these risks are identified, organizations assess their likelihood and potential impact, thereby allowing for informed decision-making regarding risk mitigation strategies.

By focusing on this structured approach, organizations can implement appropriate measures to protect personal data, comply with privacy regulations, and maintain the trust of their stakeholders. Effective privacy risk management ensures that privacy considerations are integrated into the overall risk management framework of the organization, creating a proactive stance in safeguarding personal information.

Other options, while related to aspects of privacy and organizational management, do not encompass the overarching goal of privacy risk management, which is to systematically manage the risks associated with privacy rather than just improving data access, addressing employee issues, or analyzing public perceptions.

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