Abank employee sold customers personal identification to a third party what law did the employee break?

This employee broke the Financial Privacy Act Law. This act was established in 1978 and gives customers of Financial Institution a better law of privacy from the Government itself. This law happened because to provide more security to workers and customers of all kind, even if they had a bad job in the society.

Business Impact Analysis

Explanation:

Business impact analysis is the process of analysis all of the key systems of any organization to estimate their effect on the business and recovery plan for those system in case of loss. Business impact analysis is not worried about external threats. It only emphasizes the effect any loss would have on the organization.  

In Business impact analysis given below steps are followed

•Identify the critical functions,

•prioritize those business functions based on the importance of the systems ,

•calculate the time for vital systems loss,  

•estimate its effect on the organization.

•Design the solution for the recovery

Since expected loss , fines and impact of customer service is being documented, The security office is following the process of business impact analysis

IT Contingency plan is generally for issues related information technology infrastructure.

Disaster recovery plan generally plan out in case of an emergency like natural disaster.

Continuity of operation are plan related to key processes and policies being followed in the organization to make the business running and planning in case of interruption of key processes.