Question 1 of 30
A global financial institution is architecting a new customer onboarding platform that will process a significant volume of personal data, including financial details and identity verification information, across multiple jurisdictions with varying data protection laws, such as the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR). The development team is committed to embedding privacy principles from the initial architectural design phase. Which of the following actions represents the most appropriate and foundational step to ensure the platform\'s architecture is inherently privacy-preserving and compliant with relevant regulations?
Conduct a comprehensive Data Protection Impact Assessment (DPIA) to identify and evaluate potential privacy risks and define necessary mitigation strategies for the proposed data processing activities.
Implement robust pseudonymization techniques for all customer data fields within the database schema to minimize direct identifiability from the outset.
Define and document strict data retention policies for all personal data categories processed by the platform, ensuring data is only kept for the minimum necessary period.
Perform a thorough security audit of the proposed infrastructure and network design to ensure data confidentiality and integrity against unauthorized access.

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