Dilemma: Security versus Privacy
As appointed Gatekeepers of Companies, we have a Fiduciary Duty to ask Management the Questions with regards to the management of risks especially in the areas of Data Privacy and Security. It affects all Companies whether Big or Small.
There are several reasons for spending money, time and effort on Data Privacy and Security. The primary one is minimizing Financial Loss, followed by compliance with regulatory requirements, maintaining high levels of productivity and meeting customer expectations. Another important business driver for data protection is the recent spate of Regulations. Government throughout the world have begun imposing new regulations on the electronic communications and stored data. Businesses face dire consequence for noncompliance. Finally, the Loss of Productivity because of data breach or security lapses.
Learning Objectives
- Key concepts in the world of Data Privacy and Data Security
- Learn the Methodologies used by companies to build their Data Privacy and Data Security Frameworks
- Learn about the Strategies and Pitfalls when building a Data Privacy and Data Security Frameworks
- Understand the penalties in the areas of Data Privacy and Data Security
- Questions that Directors (Executive and Non-Executive) and Senior Management should be asking the
- Operating Management with regards building and managing Data Privacy and Data Security Frameworks
- Comparison of the Data Privacy and Security Frameworks – ASEAN, USA and Europe
Target Audience
- Chief Compliance Officers/Heads of Compliance/Governance/Risk
- Compliance Managers and senior GRC staff
- Senior Risk staff
- Managers with Governance responsibility
- Senior Internal and External Audit staff
- Staff dealing with CSR and/or ESG
- Company Secretaries
- Accountants
- Legal Practitioners
- Regulatory Representatives
- Company Directors/Board Members/Executives
Module Outline
- Understanding of key concepts in the World of Data Privacy and SecurityModule 1-
- Deliberation of strategiesModule 2-
- Deliberation of case studies – Background Information and Issues and Action TakenModule 3-
- Lesson learned from Data Breaches and Security Lapses – ASIA and WORLDModule 4-
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