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Question 1 of 30
\"Global Dynamics Corp,\" a multinational organization, has been ISO 27001 certified for three years. They handle a significant amount of Personally Identifiable Information (PII) across various jurisdictions, including the EU (under GDPR), California (under CCPA), and Brazil (under LGPD). Recognizing the increasing importance of privacy, the executive board has decided to implement ISO 27701 to enhance their privacy management practices. As the lead internal auditor tasked with planning the initial audit, what is the MOST effective approach for integrating ISO 27701 into the existing ISO 27001 framework to ensure compliance and efficiency, considering the organization\'s existing investment and maturity in information security management? Assume that the organization has already conducted a preliminary assessment of the differences between ISO 27001 and ISO 27701.
Conduct a gap analysis to map existing ISO 27001 controls to ISO 27701 requirements, then augment the existing ISMS with additional privacy-specific controls, policies, and procedures as needed, ensuring alignment and consistency.
Implement all ISO 27701 controls independently, creating a separate Privacy Information Management System (PIMS) that operates in parallel with the existing Information Security Management System (ISMS).
Disregard the existing ISO 27001 framework and implement ISO 27701 from scratch, as the requirements for privacy are fundamentally different from those for information security.
Focus primarily on achieving compliance with GDPR, CCPA, and LGPD directly, without explicitly referencing ISO 27701, as these regulations are the primary legal drivers for privacy management.

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