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Conduct a due diligence assessment as part of an organization's acquisition.


CONTROL ID
12424
CONTROL TYPE
Business Processes
CLASSIFICATION
Preventive

SUPPORTING AND SUPPORTED CONTROLS



This Control directly supports the implied Control(s):
  • Acquire or sell an organization., CC ID: 12421

There are no implementation support Controls.


SELECTED AUTHORITY DOCUMENTS COMPLIED WITH



  • Public stock corporations and closely held companies, including Privacy Shield organizations, are regularly subject to audits. Such audits, particularly those looking into potential wrongdoing, may be jeopardized if disclosed prematurely. Similarly, a Privacy Shield organization involved in a potent… (ยง III.4.b., EU-U.S. Privacy Shield Framework Principles)
  • The development of IT solutions that meet the needs of end-users; and (TIER II OBJECTIVES AND PROCEDURES B.1 Bullet 9, FFIEC IT Examination Handbook - Audit, April 2012)