Banks, NBFCs and other Financial Institutions are handling an ever-increasing volume of data including personally identifiable information of individual customers. This requires dynamic strategies and processes to ensure data privacy, protection and integrity on a continuous basis while also ensuring its availability. Key attributes of good data management include efficient data processing, robust data security and principled data usage from governance and strategic perspectives. Increasing volume of data flowing through banks and into their database has to be handled in responsible and efficient ways, keeping in view reputational, legal and regulatory risks, providing assurance to their Boards that data is secured and data privacy is ensured.
The program aims at sensitizing participants on the significance of data and analytics as amongst the most significant enablers of business requiring sound and robust data management, data protection and data processing. It also seeks to emphasize the need for a strong internal control and governance mechanism besides a robust cyber security framework including the use of technological solutions for ensuring data protection and privacy.
The Program will deal with the following:
Senior officers Banks, NBFCs and Financial Institutions, working in the areas of risk management, compliance, audit, strategy, legal dealing with aspects relating to data processing, data storage, data security, data privacy and data protection. This program is suitable for Board members who are keen to enhance their learning in this area.