What must organizations do regarding personal information under their control?

Organizations are required to designate accountable individuals for compliance with privacy laws governing personal information. This is a vital step in ensuring that there is a clear line of responsibility for the management of personal information. By appointing someone to oversee adherence to privacy regulations, organizations can develop policies and procedures that protect individuals' private data, ensure compliance with applicable laws, and address any breaches that may occur.

This accountability fosters a culture of respect for personal information under the organization’s control, increasing trust among clients and stakeholders. It also aids in the implementation of best practices regarding data storage, handling, and sharing of personal information, ensuring compliance with privacy laws and regulations.

The other options do not align with proper data management practices. Sharing information freely, storing it indefinitely, or selling it for profit can jeopardize individuals' privacy rights and violate legal standards, leading to potential legal ramifications for the organization.