Data Risk Management
20 – 24 Jan. 2025 | Abu Dhabi | 15 – 19 Sep. 2025 | Dubai | 27 – 31 Oct. 2025 | Abu Dhabi |
Learning Objectives
Upon successful completion of this course, participants will be able to:
1. Fundamentals of Data Risk Management
- Understand the importance of data risk management in modern organizations.
- Identify key data assets and the risks associated with their collection, storage, and use.
- Learn the principles of data governance and risk frameworks (ISO 27005, NIST, COSO, GDPR, HIPAA).
2. Data Classification and Risk Assessment
- Categorize data based on sensitivity (public, internal, confidential, highly confidential).
- Perform risk assessments using methodologies like FAIR (Factor Analysis of Information Risk).
- Identify potential threats such as data breaches, unauthorized access, and insider threats.
3. Regulatory Compliance and Data Protection Laws
- Understand global and industry-specific regulations (GDPR, CCPA, HIPAA, PCI-DSS, SOX).
- Implement compliance policies to ensure proper data handling and security.
- Develop audit and reporting procedures to meet legal requirements.
4. Cybersecurity Threats and Data Protection Measures
- Recognize common cyber threats such as phishing, ransomware, data exfiltration, and insider risks.
- Implement encryption, access control, and authentication measures to protect data.
- Utilize endpoint protection, firewalls, and intrusion detection systems (IDS).
5. Data Loss Prevention (DLP) and Incident Response
- Implement DLP strategies to prevent unauthorized data access and leaks.
- Develop an incident response plan to mitigate data breaches and cyberattacks.
- Conduct forensic investigations and root cause analysis after security incidents.
6. Third-Party Risk Management and Vendor Compliance
- Assess risks associated with cloud providers, vendors, and third-party data processors.
- Implement Service Level Agreements (SLAs) and data processing agreements (DPAs).
- Monitor and audit third-party data security compliance.
7. Business Continuity and Disaster Recovery
- Develop a data backup and recovery strategy to ensure resilience.
- Implement redundancy and failover systems to maintain data availability.
- Test and validate disaster recovery plans for critical business data.
8. Emerging Trends and Future Risks in Data Security
- Explore the impact of AI, machine learning, and big data on risk management.
- Understand threats related to quantum computing and advanced cyberattacks.
- Develop proactive strategies to adapt to evolving data risks.
9. Case Studies and Practical Applications
- Analyze real-world data breaches and risk management failures.
- Participate in risk assessment and mitigation exercises.
- Develop a data risk management strategy tailored to organizational needs.
Target Audience
- IT and cybersecurity professionals
- Risk management and compliance officers
- Data protection officers (DPOs)
- Business leaders and executives handling sensitive data
- Auditors and governance professionals