Overview
‘Big Data’ has been the talk of the town in recent years. Organisations have gathered, stored and analysed data to gauge customer behaviour, initiate marketing push, and deliver better goods and services.
Many organisations, including licensed corporations and registered institutions, take data protection for granted or think of it as an IT issue. However, recent high-profile incidents have increased the sensitivity to the security of data held by organisations.
This training provides an insight into data management with practical examples and discusses how individuals and organisations can comply with the relevant regulatory requirements.
Objective
By the end of the course, participants will be able to:
‧ describe the value and basic concepts of data
‧ describe how to protect and safeguard data
‧ explain risks associated with holding data in accordance with the data privacy regulatory requirements
‧ understand how to manage and safeguard data through governance and risk management
Content Highlight
‧ Understanding the concepts and value of data
‧ Regulatory requirements over the holding of third party data including data privacy requirements
‧ Risk of regulatory violations
‧ How to implement controls and risk management to protect and safeguard data
Who Should Attend
Licensed persons, Compliance Officers, Account Opening Officers, IT staff, data users in the financial services sector, and anyone who like to learn more about the risk associated with holding and using third party data.