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The prudent man rule which requires senior executives to take personal responsibility for ensuring the _____ that ordinary, prudent individuals would exercise in the same situation. This rule, developed in the realm of fiscal responsibility, now applies to information security as well.
recognized standard
due care
recognized obligation
due diligence
Due care. Recognized obligation and recognize standard are key to proving negligence. Due diligence is performing reasonable examination and research before committing to a course of action. Basically, "look before you leap." In law, you would perform due diligence by researching the terms of a contract before signing it. The opposite of due diligence might be "haphazard" or "not doing your homework." Due care is performing the ongoing maintenance necessary to keep something in proper working order, or to abide by what is commonly expected in a situation. This is especially important if the due care situation exists because of a contract, regulation, or law. The opposite of due care is "negligence."
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