Question 1 of 30
In a company that processes personal data of customers across multiple jurisdictions, the Chief Data Officer (CDO) is tasked with ensuring compliance with various data protection regulations, including the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). The CDO is considering implementing a data governance framework that includes data classification, access controls, and regular audits. Which of the following strategies would best enhance the company\'s compliance posture while minimizing risks associated with data breaches and regulatory penalties?
Establishing a comprehensive data inventory that categorizes data based on sensitivity and regulatory requirements, coupled with a robust access control mechanism that restricts data access to authorized personnel only.
Relying solely on employee training programs to ensure compliance with data protection regulations without implementing any technical controls.
Implementing a data retention policy that allows for indefinite storage of personal data to avoid the costs associated with data deletion.
Utilizing a single cloud service provider for all data storage needs without assessing the provider's compliance with relevant data protection regulations.

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