BUS 1-4 Vocab Review

An independent and unbiased inspection and review to evaluate the safety, integrity and accuracy of information, systems, processes, procedures and protocols.

• Audit

• Cyber Security

• Trade Secret

• Intangible Asset

The protection of networks, devices, and data from unauthorized access or criminal use, and the practice of ensuring the confidentiality, integrity, and availability of information.

• Cyber Security

• Data Integrity

• Management Information System

• Audit

The accuracy and validity of data over its lifecycle

• Intangible Asset

• Trade Secret

• Risk Management

• Data Integrity

Anything that is created from the mind or intellect, like inventions, ideas, or methods.

• Trade Secret

• Data Integrity

• Intellectual Property

• Intangible Asset

A business function that involves people, processes, and systems that collect, organize, store and secure relevant data and information, and makes it accessible and useful for making informed decisions.

• Information Management

• Human Resources

• Strategy

• Cyber Security

Anything of value that is not physical in nature.

• Intangible Asset

• Tactic

• Intellectual Property

• Risk Management

A computerized system that supports and enables the Information Management business function.

• Interactive Management System

• Management Information System

• Data System

• Cyber Security

Identifying, understanding and predicting circumstances or events that might have negative consequences, and taking proactive measures to avoid these risks and effectively combat them if/when they occur.

• Risk Management

• Audit

• Risk Analysis

• Cyber Security

A practice or process not generally known outside of the company that owns it, and that has economic value.

• Trade Secret

• Data Integrity

• Intangible Asset

• Intellectual Property