The ethics of tech you use in your business Claim your CPD CPD Questionnaire Ethics and tech CPD Questionnaire First Name(Required)Last Name(Required)Email(Required) How much data should an adviser capture?(Required) They need to capture every single detail they can find about a client They need to capture anything that relates to the scope of advice (including information which would lead to declining advice) They need to capture anything that is interesting about a clients situation Data was a Star Trek character, wasn’t he? This field is hidden when viewing the formWhat is the biggest cyber risk that advice businesses may be exposed to?(Required) Malware Phishing Traffic Interception Hacking Which answer is not a benefit of open banking? More reliable account transactions data Faster access to bank account data Better interest rates Banks are forced to maintain high quality records Is it unethical to not do anything about the cyber risk to your business?(Required) Yes, it is an ethical obligation to protect clients data. No, its important, but not an ethics issue. Only if you have a big client base Only if you are a large business What types of data capture are acceptable to use?(Required) Digital fact finds only Paper and digital fact finds Paper, digital fact finds and video recording Any form of information capture that enables the planner to obtain the required information and record it. Which of the following isn’t an ethical consideration that an adviser should be making?(Required) The impact of technology use on your client experience The security practices you have in place for your business The way that the ASIC commissioner feels about advice The profitability of your business Is the specific guidance provided in the Financial Planners and Advisers Code of Ethics (formerly FASEA) the only ethical consideration that advisers need to make?(Required) Yes, they are the ones in the law No, you also need to consider the corporation's act best interest duty safe harbour No, you also need to consider the corporation's act and privacy legislation No, ethical considerations need to be considered in all parts of a planners practice irrespective of whether the code applies Which answer is not a benefit of open banking?(Required) More reliable account transactions data Faster access to bank account data Better interest rates Banks are forced to maintain high quality records This field is hidden when viewing the formNumber