Description
Program Overview:
Rapid advances in computer systems and networking allow financial institutions to record, store, and retrieve vast amounts of consumer data with more speed and efficiency than ever before.
These advances enable financial services companies to acquire and process consumer data in ways that were previously out of reach to many due to the cost or to the specialized knowledge and training necessary to build and use these technologies.
Advanced data processing, storage, collection, and retrieval technology is now available to all sectors of business and government.
These capabilities raise concerns about the privacy of individuals in these large networked information technology environments. Furthermore, regulated industries such as financial services, law, and policy now place additional conditions on how personal information is collected, stored, shared and used.
The financial services community recognizes how important it is to protect and not abuse their customers’ privacy, not just because it is required by law, but also because as systems are developed or updated, there is an opportunity to enhance business processes and to provide improved services to customers.
In this course, we will explore the requirements set forth by ISO 22307:2008 on how Financial Services should conduct its Privacy Impact Assessment
Learning Objectives of the Program:
• Describes the privacy impact assessment activity in general
• Defines the common and required components of a privacy impact assessment, regardless of business systems affecting financial institutions, and
• Provides informative guidance to educate the reader on privacy impact assessments.
• Provides and understanding of the processes involved in a impact assessment
Program Structure and Outline
STRUCTURE:
Presentation materials, Video, Case Scenarios, Exercises
OUTLINE:
Overview
• Importance of Data Protection
• RA 10173 Brief
• Emerging Risks in Data Protection
Clause 1: SCOPE
Clause 2: Normative References
Clause 3: Terms and Definitions
Clause 4: Abbreviations Clause
Clause 5: PIA Requirements
• Overview of PIA Requirements
• PIA General Process Requirements
• PIA Specific Financial Process Requirements
Annex A: PIA FAQ’s
• General
• FAQ’s specific to Financial PIA Requirements
Annex B: Determination of PIA Starting Point
Annex C: Questionnaire for PIA Objectives (Checklist)
Annex D: Questionnaire for PIA Procedures
Annex E: Questionnaire on the adequacy of Internal Controls & Procedures
Annex F: PIA Questionnaire for assessing privacy impacts for retail financial systems
1. F1: General
2. F2: Basic Areas for Financial Institutions
Speaker:
Mr. Kama Neson Ganeson
Trainer and Consultant
Schedule:
May 3, 2024 (Friday)
9:00 AM – 5:00 PM
Training Fee:
Member Institution – P 2,800.00
Non-Member Institution – P 3,920.00
**VAT inclusive