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Data Risk Management

20 – 24 Jan. 2025Abu Dhabi15 – 19 Sep. 2025Dubai27 – 31 Oct. 2025Abu 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