Key Developments in Regulation

Key Developments in Regulation

Assessment

Interactive Video

•

Business, Social Studies

•

University

•

Practice Problem

•

Hard

Created by

Wayground Content

FREE Resource

The video discusses recent regulatory developments in cybersecurity, highlighting the increase in cyber attacks during the COVID-19 pandemic. It covers actions by the SEC and FTC, state and international regulations, and offers practical advice for companies to enhance their cybersecurity measures. The session concludes with a Q&A addressing common concerns about compliance and risk management.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor that led to an increase in cyber attacks during the COVID-19 pandemic?

Increased government regulations

More people working from home

Advancements in cybersecurity technology

Decrease in cybercriminal activity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus of the SEC's proposed rules in the cybersecurity space?

Reducing the number of cyber attacks

Improving public awareness of cybersecurity

Enhancing incident reporting and risk management

Providing financial incentives for cybersecurity improvements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which agency is expected to continue robust enforcement in privacy and cybersecurity under Commissioner Lena Khan?

Department of Homeland Security (DHS)

Federal Communications Commission (FCC)

Securities and Exchange Commission (SEC)

Federal Trade Commission (FTC)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the newly established Cyber Security Center?

To provide financial aid to companies affected by cyber attacks

To coordinate efforts and resources among state AGs

To enforce international cybersecurity laws

To develop new cybersecurity technologies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge facing the new international data transfer framework announced by the US and EU?

Overlapping regulations with other countries

Lack of technological infrastructure

Opposition from privacy advocates like Max Schrems

Insufficient funding

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one practical step companies can take to improve their cybersecurity readiness?

Rely solely on government support

Implement multi-factor authentication

Ignore phishing threats

Reduce cybersecurity training

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can small and medium-sized companies keep up with the complex regulatory frameworks in cybersecurity?

Focus on internal processes and rely on legal counsel

Rely on outdated cybersecurity practices

Ignore regulations and focus on business growth

Only follow federal regulations

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