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What type of policy should producers and brokers implement to protect information systems?

  1. Data Privacy Policy

  2. Risk Management Policy

  3. Information Security Policy

  4. Cybersecurity Policy

The correct answer is: Cybersecurity Policy

The appropriate type of policy to implement for the protection of information systems is a Cybersecurity Policy. This policy specifically addresses measures to protect digital data and information systems from attacks, unauthorized access, and other cybersecurity threats. It encompasses a broad range of actions and strategies including firewalls, encryption, employee training on security protocols, and incident response plans, which are crucial for safeguarding sensitive information. This policy not only outlines the measures a company will take to secure its data but also specifies the responsibilities of employees in maintaining that security. Given the increasing importance of technology in business operations and the rising number of cyber threats, a comprehensive Cybersecurity Policy is essential for any organization handling sensitive information. The other options focus on different aspects of information and risk management. A Data Privacy Policy is mainly concerned with how personal data is collected, used, and shared, which is important but does not fully encompass the protections against cyber threats. A Risk Management Policy addresses broader organizational risks, including financial and operational risks, rather than specifically focusing on protecting information systems. An Information Security Policy, while relevant, tends to focus more on the internal controls and procedures for protecting information rather than the specific proactive measures against cyber attacks that a Cybersecurity Policy would cover.