Cybersecurity Risk Management

Identifying, Assessing, and Mitigating Cyber Risks for a Secure Digital Future

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MODE
Virtual (Google Meet)

TYPE
Mentor Based

LEVEL
Moderate

DURATION
3 Weeks

About

The Cybersecurity Risk Management program focuses on risk assessment, mitigation techniques, governance frameworks, and compliance standards to help organizations proactively address cyber threats. Participants will gain hands-on experience in using risk analysis methodologies, security tools, and compliance frameworks to safeguard critical business assets.

Aim

To equip participants with the knowledge and practical skills required to identify, evaluate, and manage cybersecurity risks, ensuring robust security governance, compliance, and incident response strategies.

Program Objectives

To introduce participants to cyber risk assessment methodologies and frameworks.
To train participants in evaluating and mitigating cybersecurity risks.
To provide practical experience in risk governance, compliance, and security controls.
To explore incident response planning and business continuity strategies.
To prepare professionals for cyber risk management roles in various industries.

Program Structure

Week 1: Fundamentals of Cybersecurity Risk Management

Module 1: Introduction to Cybersecurity Risk Management

Understanding Cybersecurity Risk
- Definition of cybersecurity risk and its impact on organizations.
- Difference between cybersecurity threats, vulnerabilities, and risks.
- The role of cybersecurity risk management in business continuity.
Cyber Risk Management Frameworks
- NIST Cybersecurity Framework (CSF).
- ISO 27005: Information Security Risk Management.
- Risk Management Framework (RMF) by NIST 800-37.

Hands-On Lab:

Mapping cybersecurity risks to the NIST Cybersecurity Framework.

Module 2: Identifying and Assessing Cybersecurity Risks

Risk Identification Techniques
- Identifying internal and external threats.
- Cyber threat intelligence and threat modeling (STRIDE, DREAD).
Risk Assessment Methodologies
- Qualitative vs. Quantitative Risk Assessment.
- Asset valuation and risk calculation (Risk = Threat × Vulnerability × Impact).

Hands-On Lab:

Conducting a cybersecurity risk assessment using real-world scenarios.

Week 2: Risk Mitigation, Governance, and Compliance

Module 3: Risk Mitigation Strategies and Security Controls

Mitigating Cybersecurity Risks
- Risk treatment options: Accept, Avoid, Transfer, Mitigate.
- Implementing layered security defenses (Defense-in-Depth).
Technical and Administrative Security Controls
- Identity and Access Management (IAM) strategies.
- Encryption, endpoint security, firewalls, and security policies.

Hands-On Lab:

Implementing risk mitigation strategies in an enterprise security environment.

Module 4: Cybersecurity Governance and Compliance

Governance and Risk Compliance (GRC)
- Role of governance in risk management.
- Building a cybersecurity risk management strategy.
Regulatory and Compliance Requirements
- GDPR, HIPAA, SOX, ISO 27001, and PCI DSS compliance.
- Aligning cybersecurity risk management with compliance frameworks.

Hands-On Lab:

Developing a risk treatment plan aligned with compliance standards.

Week 3: Continuous Risk Monitoring, Incident Response, and Reporting

Module 5: Risk Monitoring and Continuous Improvement

Cyber Risk Monitoring and Incident Detection
- Implementing real-time risk monitoring and threat detection.
- Security Information and Event Management (SIEM) tools (Splunk, ELK Stack).
Continuous Risk Management Lifecycle
- Regular risk assessment and control evaluation.
- The role of AI and automation in risk monitoring.

Hands-On Lab:

Using SIEM tools for continuous cybersecurity risk monitoring.

Module 6: Incident Response, Risk Reporting, and Business Continuity

Incident Response and Risk Management Integration
- Developing an Incident Response Plan (IRP).
- Steps to handle cybersecurity incidents effectively.
Risk Reporting and Business Continuity Planning
- Creating risk management reports for executives and stakeholders.
- Cyber insurance and third-party risk management.

Hands-On Lab:

Simulating a cyber incident and executing a risk response plan.

Participant’s Eligibility

IT and cybersecurity professionals
Risk management analysts and compliance officers
Business leaders managing IT security risks
Students and researchers in cybersecurity governance

Program Outcomes

Ability to identify, assess, and mitigate cybersecurity risks
Hands-on experience with risk assessment tools and frameworks
Understanding of cybersecurity compliance and regulatory requirements
Knowledge of incident response planning and crisis management
Readiness for CISM, CISSP, and CRISC certification exams

Fee Structure

Standard Fee: INR ~~16,998~~ USD ~~224~~

Discounted Fee: INR 8,499 USD 112

We are excited to announce that we now accept payments in over 20 global currencies, in addition to USD. Check out our list to see if your preferred currency is supported. Enjoy the convenience and flexibility of paying in your local currency!

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