Employee Information Sharing Agreement

Employee Information Sharing Agreement

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Question

A Chief Information Officer (CIO) drafts an agreement between the organization and its employees.

The agreement outlines ramifications for releasing information without consent and/or approvals.

Which of the following BEST describes this type of agreement?

Answers

Explanations

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A. B. C. D.

B.

The type of agreement described in the scenario is an NDA, which stands for Non-Disclosure Agreement.

An NDA is a legally binding agreement between two or more parties, in which they agree to keep certain information confidential and not disclose it to unauthorized individuals or entities. It is commonly used to protect proprietary or sensitive information, such as trade secrets, intellectual property, financial data, or personal information.

In the scenario, the CIO is drafting an agreement that outlines the consequences of releasing information without consent or approval, indicating that the organization wants to protect its sensitive information from unauthorized disclosure. This agreement is likely to include provisions on what constitutes confidential information, how it should be handled and protected, who has access to it, and what the penalties are for breaches of confidentiality.

The other options listed are not applicable to this scenario:

  • ISA (Information Sharing Agreement) is a type of agreement used to facilitate the exchange of information between organizations, such as government agencies or private companies, for a specific purpose or project.

  • MOU (Memorandum of Understanding) is a non-binding agreement between two or more parties that outlines their mutual understanding and intent to work together on a particular matter or project.

  • SLA (Service Level Agreement) is a contractual agreement between a service provider and a customer that defines the expected level of service and the remedies or penalties if the service fails to meet the agreed-upon standards.

Therefore, the correct answer is B. NDA.