The course covers the Data Protection Act 1998 and how it applies to firms operating in the regulated sector.
The purpose of the course is to provide sufficient knowledge on the rules, regulations and guidance for those working within the regulated financial services sector.
Syllabus learning objectives
By the end of this course, you will:
- Understand the purpose of the Act
- Be able to explain what information falls under the Act
- Know what is expected of firms in respect of data security
- Know what rights data subjects have under the Act.
Content
The course is made up of these 10 chapters:
- Data Protection Course Introduction
- Background
- Penalties
- Definitions
- Principles
- Security
- Subject Access
- Registration
- Sharing data
- End of Course Assessment
Assessment details
The course assessment contains 10 questions taken at random from a question bank. Your results will be emailed to you on completion and your CPD certificated updated and 1.5 hours CPD time will be added.
You will need to get 70% (7 or more questions correct) or more to pass. If you fail then further assessments can be taken.
Purchasing and cost
See here for more information on this Data Protection online course and our other training modules together with our CPD SYSTEM (which includes access to this course and other compliance related courses).
Discounts are available when your purchase includes 2 or more training modules.
The benefits of the Data Protection online training course for you and your business
Firms that deal with personal information about their customers must be registered data controllers and as such they make various promises to the Information Commissioner with regard to compliance with the Data Protection Act 1998.
It is critical that all those involved in the processing or keeping safe of this data are aware of the laws that apply.
Firms can face heavy fines for breaches of the Data Protection Act and those handling data must be aware of the pitfalls of mis-directed marketing, allowing contact from third parties and passing information to other firms. Some passing of information is expressly forbidden whilst other sharing is entirely allowable. Knowledge in this area is essential in nearly all areas of business in order to avoid loss of reputation and potentially severe sanctions.
This is what you will find out:
- What counts as protected data
- What rights do your customers have in respect of their data held by you?
- Why you need to take good care of customer data
- What you must be careful about sending when you are marketing
- When you can pass personal information to third parties.
