You just started to work in a branch of your local bank. The bank is dealing with the privacy standards that exist for transferring data to banks in other countries. This flow of information is called __________.

Question

Quizplus · Accepted Answer

The flow of information between banks in different countries is known as transborder data flows. This term is commonly used in the context of privacy laws and regulations that govern such transfers. Option A (information passing) and option D (data processing) are too general and do not specifically refer to cross-border transfers. Option C (normal business practice) is too vague and does not specify the type of information being transferred. Option E (privacy issues) is too broad and does not specifically refer to cross-border data flows.

You Just Started to Work in a Branch of Your