Day 1 : Understanding and Assessing Cyber Risk
Session1: Introduction to Cyber Risk Management
· Overview of cyber risk landscape and its significance for businesses
· Explaining the components of a comprehensive cyber risk management strategy
Session2: Evaluating Cyber Risk
· Identifying assets and vulnerabilities within an organization’s digital infrastructure Introducing risk assessment frameworks and methodologies
Session3: Defining ROI in Cyber Risk Management
· Understanding the concept of Return on Investment (ROI)in the context of cyber security
· How to calculate ROI for cyber security investments
Session4: Selecting Appropriate Controls
· Exploring various cyber security controls and the irrelevance to different risk scenarios discussing how to align controls with business objectives
Day 2: Implementing and Communicating Cyber Risk Strategies
Session5: Budgeting for Cyber security
· Determining budget allocation for cyber security initiatives
· Strategies for optimizing cyber security spending while maintaining effectiveness
Session6: Developing a Business Case
· Creating a compelling business case for cyber security investments
· Addressing stakeholders ‘concerns and demonstrating the value of cyber risk management
Session7: Stakeholder Engagement and Review
· Identifying key stakeholders in the cyber risk management process
· Techniques for reflective communication with stakeholders and obtaining their input
Session8: Group Exercise: Cyber Risk Simulation
· Participants engage in a simulated cyber risk scenario to apply learned concepts
· Discussion and analysis of responses, decisions, and outcomes
Session9: Cyber Security real world insights, challenges and best practices
Session 10: Wrap−up and Action Planning Summarizing key takeaways from the training
Guiding participants in creating actionable plans for implementing cyber risk management strategies in their organizations