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Risk 9 : Non-Compliance with Data Privacy Regulations : If your software does not comply with data privacy regulations (e.g., GDPR), you could face legal consequences and damage to your reputation. This could lead to Legal fines, sanctions, and loss of customer trust. CAN BE OVERCOME BY Regularly audit the software to ensure it meets legal standards, and provide training for personnel on data privacy practices Residual Risk: Low. Auditing and training reduce this risk, but laws can change, and the organisation must keep up to date. Overlap: Overlaps with personnel controls (training) and technical controls (software updates for compliance).
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