Question: Due diligence involves identifying and understanding risks through regular assessments and staying updated with best practices. Due care focuses on mitigating these risks by implementing

Due diligence involves identifying and understanding risks through regular assessments and staying updated with best practices. Due care focuses on mitigating these risks by implementing policies, enforcing controls, and providing training. Both are crucial: due diligence ensures informed decisions and compliance, while due care demonstrates active protection of assets and builds trust. Together, they form a comprehensive security approach, ensuring organizations understand and manage their risks effectively while fulfilling their legal and ethical responsibilities. A company must demonstrate ongoing efforts to protect interests and maintain these standards to show compliance with due diligence and care.

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