Data Management Flashcards

1
Q

What did you learn in your Data Privacy Awareness Training?

A

Awareness of phishing
Inappropriate posts on social media
Data security including being conscious of who can hear verbal discussions and leaving/opening documents in a public place
Rights that individuals have over their data

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2
Q

What are some advantages and disadvantages of Sharepoint?

A

Pros:
Integration with Microsoft Office - can work on documents at the same time as colleagues so good for collaboration
Customisable and can be used for a variety of purposes
Can manage document security and permissions
Easy to use

Cons:
Requires ongoing maintenance
Poor search capabilities

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3
Q

What are considerations for ensuring physical security of data

A

No tailgating
Locking filing cabienets
Confidential waste pins
Printing password
Being aware of who can see your computer screen/ locking it

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4
Q

What are considerations for ensuring security of electronic data?

A

Password protection
Encryption
Regular off site backups
Anti virus software
Two stage sign in to network
Being aware of phishing attempts and reporting suspicious emails

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5
Q

What is copyright?

A

A set of exclusive rights granted to the author or creator of any original work. These rights can be licensed, assigned or transferred. It is a form of intellectual property

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6
Q

How does the GDPR and Data Protection Act 2018 relate

A

GDPR is EU legislation brought in 2016 and the DPA brought that into UK law

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7
Q

What are the key requirements under the DPA 2018

A

Data protection impact assessment for high risk processing
New rights for individuals
Data controller who is directly responsible
Breaches to be reported to ICO within 72 hours where there is a risk of harm to individuals

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8
Q

What are the fines under DPA 2018

A

Standard - 2% global turnover or £8.7 max
Higher - 4% of global turnover or £17.5m whichever is greater max

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9
Q

What are the key principles of UK GDPR/DPA

A

Personal data must be:
Processed lawfully, fairly and transparently
Collected for a specified and legitimate purpose
Adequate, relevant and limited to what is necessary for the purpose for which it is processed
Accurate and where necessary kept up to date
Kept secure

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10
Q

What are the 8 individual rights?

A

Informed
Access
Rectification
Erasure
Restrict processing
Data portability
Object
In relation to automated decision making and profiling

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11
Q

What rights does the Freedom of Information Act 2000 and what is the process around it?

A

Gives individuals rights to access information held by public bodies
The public body must tell the individual whether it holds the information and supply it within 20 working days
Exemptions are allowed including if it would prejudice a criminal matter or a commercial interest

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12
Q

Encryption

A

Process of converting information or data into code to prevent unauthorised access (JLL use Oracle)

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13
Q

NDA

A

Legal contact outlining confidential
information and party/parties agreeing not to disclose it

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14
Q

Key steps to ensure accuracy of data

A

Appropriate method of collection and recording the source
Verifying against another source if possible
Process in place to update / person responsible
Be clear about what is opinion/assumption and what is fact
Have a process for rectification/deletion is a mistake is identified

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15
Q

How did you ensure the accuracy of the data in the Sharepoint site?

A

Access was restricted to members within the relevant teams. All members could edit the data to ensure efficient sharing of market knowledge. Myself and a colleague were responsible for managing the site and making sure the format was consistent and the quality/accuracy of the info for example verifying against another source and making sure more details were added after a sale completed. This was done through a diary reminder to check and monthly catch up. Version control allows you to see who has made edits so you can follow up with them if information is incomplete

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16
Q

What are the limitations of using CoStar?

A

Potential inaccuracy of information
Unlikely to be entirely up to date
Rarely have all the details behind the deal like the number of offers

17
Q

What is a data breach

A

A breach of security leading to accidental or unlawful destruction, loss, disclosure of personal information

18
Q

Personal data

A

Information which identifies someone either directly or indirectly when combined with other information
(e.g. national insurance number, location data)

19
Q

What process do you follow is there is a data breach?

A

Notify my line manager and report to legal and compliance team to assess whether there is potential to harm and whether to report to ICO within 72 hours/inform individuals

20
Q

What are the advantages and disadvantages of using Excel

A

Pros:
Organised and logical storage of data
Less human error
Saves time
Integrates well with rest of office e.g. have auto updating tables in PowerPoint

Cons:
Requires training to get the best out of it
Still susceptible to human error in data entry and formulas

21
Q

What headings were included in the market data spreadsheets

A

Depending on the asset type they included:
Property
Transaction type
Date
Price
Units
Size
Price psf/ per unit
Rent
Tenant
Yield
Comment