1. Initial recommendations
Internal Governance
Reinforce “Internal Control /Audit” 1
Minimize the amount of possible risk from “Data Errors” “Misuse” “Privacy Concerns”
Introduce “Risk management” 2
Decide on which risks to take from business standpoint
Regulatory/Public resopnses
Comply with “Regulation” 3
Not only oversee compliance but also analyze regulatory trends
Introduce
“correction mechanism" 4
Introduce correction mechanism where data owner can review and correct
Insurance
Insurance as a
“last resort” 5
Protect CheckPoint and data owner from uncovered potential risk