Global organizations that transfer data across international boundaries must abide by guidelines and transborder information flow rules developed by an international organization that helps different governments come together and tackle the economic, social, and governance challenges of a globalized economy. What organization is this?

A.
Committee of Sponsoring Organizations of the Treadway Commission

B.
The Organisation for Economic Co-operation and Development

C.
CobiT

D.
International Organization for Standardization

Explanation:
B: Almost every country has its own rules pertaining to what constitutes private data and how it should be protected. As the digital and information age came upon us, these
different laws started to negatively affect business and international trade. Thus, the Organisation for Economic Co-operation and Development (OECD) developed guidelines for
various countries so that data is properly protected and everyone follows the same rules.
A is incorrect because the Committee of Sponsoring Organizations of the Treadway Commission (COSO) was formed in 1985 to provide sponsorship for the National
Commission on Fraudulent Financial Reporting, an organization that studies deceptive financial reports and what elements lead to them. The acronym COSO refers to a model
for corporate governance that addresses IT at a strategic level, company culture, financial accounting principles, and more.
C is incorrect because the Control Objectives for Information and related Technology (CobiT) is a framework that defines goals for the controls that should be used to properly
manage IT and ensure that IT maps to business needs. It is an international open standard that provides requirements for the control and security of sensitive data and a
reference framework.
D is incorrect because the International Organization for Standardization (ISO) is an international standard-setting body consisting of representatives from national standards
organizations. Its objective is to establish global standardizations. However, its standardizations go beyond the privacy of data as it travels across international borders. For
example, some standards address quality control, while others address assurance and security.