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Data Protection for Financial Firms
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Data Protection for Financial Firms (Paperback)

£125.00
To Order. Estimated despatch in 1-3 weeks.
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Synopsis

"Data Protection for Financial Firms" provides the reader with practical guidance across a broad range of data protection issues, from dealing with marketing concerns from a legal and practitioner perspective to providing training and awareness to staff. The contributors have given advice from their practical experience as practitioners or advisors and have provided viewpoints from a legal, technical, and operational perspective. Recent years have seen an explosion in the volume of data collected and processed by financial firms and the public have a justifiable interest in how this personal data is used and protected. Privacy professionals must ensure they comply with the 1998 Data Protection Act and associated legislation and guidance from regulators, while also implementing and managing a sound privacy and information risk regime within their individual companies. There is often a degree of conflict as businesses wish to gather and use ever increasing amounts of information about people, yet this is only permitted in compliance with laws that safeguard the rights of individuals.

The public have a legitimate and ongoing interest in how financial firms use and protect the personal data that they collect and create. The use of personal data is a balancing act, between the business need for flexibility and innovation, against the need to respect the rights of individuals as laid out in privacy legislation and guidance. A rational and sound approach to privacy does not prevent business, nor place costly and time consuming requirements on the business. It sets a foundation for good business practice through building trust between you and your customer. Containing many useful features such as templates for data sharing and risk assessment and flowcharts for dealing with subject access requests, "Data Protection for Financial Firms" is an essential purchase for all privacy practitioners, auditors, lawyers, compliance professionals and consultants working in this area.

BusinessFinance & accountingFinanceComputing & ITComputer securityPrivacy & data protection Publisher: Risk Books Publication Date: 01/11/2009 ISBN-13: 9781906348243  Details: Type: Paperback Format: Books
Availability: To Order. Estimated despatch in 1-3 weeks.  

Tim Gough is the Regional Head of Privacy and Information Risk for Europe and Asia at the Royal Bank of Canada. Prior to working at RBC, Tim worked for the Royal Bank of Scotland, and in the Governance and Regulation practice at Deloitte. Prior to working in the financial services industry, Tim spent a year as a graduate trainee at Macmillan publishers, working on academic politics and economics titles, and previously edited Anti-Money Laundering: A Guide for Financial Firms for Risk Books. Tim is a member of the BBA Data Protection Panel and a committee member of the Data Protection Finance Group, and holds the ISEB Certificate in Data Protection.

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