Data Breaches: Are You Ready?

Innovation

05
May 2020

5 May 2020

8:30 am - 5:00 pm

Securities Commission Malaysia

MYR 950 *Fee is not inclusive of 6% SST

There is a lot at stake when it comes to data privacy.  For organisations, protecting confidential data is crucial and forms part of its risk management.  Protecting privacy is the foundation to maintain stakeholders’ trust in an organisation.  Data lost in an organisation may result in devastating consequences to an organisation. Apart from that, data privacy protection will also mitigate the risk of costly incidents, reputational harm and regulatory penalties.

In Malaysia, there are 178 cases of data breach in 2019, almost a 200% jump than 63 recorded attacks the previous year, according to Malaysia Computer Emergency Response Team of CyberSecurity Malaysia. Some incidents saw some 46.2 million mobile subscribers’ personal records leaked out and sold in the dark web. Hence, organisations must ensure that security measures are taken to protect confidential data in their possession remains secured. Employees are also required to understand how to detect and prevent potential threats to manage data privacy risks.

This programme will discuss why data privacy is important. It will deliberate on key components to privacy protection, specific privacy laws and the risks and impact to organisations failing to protect data security and privacy.

Programme Objective
The programme is designed to provide understanding on the importance of data privacy and how it brings value and competitive advantage while at the same time maintained business reputation.

Learning Outcomes
Upon completing the programme, the participant should be able to:

  1. explain why data privacy and protecting data is important
  2. recognise the relevant data privacy laws and regulations and its expectations
  3. explain the risks of failing to protect privacy on individual and organisational level
  4. describe the potential data privacy breaches and red flags in business organisations
  5. examine employees’ roles and responsibilities in relation to data privacy
  6. discuss how to prepare and deal with data breaches

Methodology

Interactive presentations, guided discussions and Question-and-Answer (Q&A) session

Competencies

Technical Skills – Digital Technology Application (Level 3)

Foundational (Regulatory) – Capital Market Institution, Capital Market Intermediaries (Level 3)

Target Audience

Institutions 

PLCs, SMEs, legal firms, accounting firms, fund management companies, stockbroking firms, investment banks, risk management officers, solutions providers, insurance companies, telecommunication companies, airline companies

8.30 am Registration
9.00 am Personal Data: Why Protect it?

  • Why protect personal data?
  • What is personal data?
  • Identifying sensitive data
  • Legislation and guidelines on data protection
10.15 am Coffee Break
10.45 am What is Data Privacy and What You Need to Know

  • Privacy vs. data protection
  • How safe and secure is your data?
  • Why do data breaches happen?
  • Case study: Rise in breaches of data privacy
  • The cost of privacy breaches (financial, reputation, resources etc)
12.30 pm Lunch Break
2.00 pm Safeguarding Data Privacy at the Workplace

  • Potential causes of data privacy breaches and the red flags
  • Protection of assets and data security policy
  • Workplace practices and culture
  • Reporting of data breaches
3.30 pm Coffee Break
3.45 pm Data Breach Management

  • Data breach monitoring and management plan
  • Responding to data breaches
  • Case study: Recent data breaches and lessons learned
5.00 pm End of Programme

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