Duration : 3 Days
Course Description:
This course provides a comprehensive understanding of IT risk management, covering risk assessment, mitigation strategies, compliance requirements, and industry best practices. Students will learn how to identify, analyze, and manage IT-related risks to ensure business continuity and security.
Course Objectives:
By the end of this course, students will be able to:
Understand fundamental IT risk management concepts.
Identify and assess IT risks within an organization.
Implement risk mitigation strategies and controls.
Align IT risk management with business objectives and compliance frameworks.
Develop and apply risk assessment methodologies.
Utilize industry standards such as ISO 27001, NIST, and COBIT.
Course Outline:
Module 1: Introduction to IT Risk Management
Definition of IT Risk
Types of IT Risks (Operational, Strategic, Compliance, Financial)
Importance of IT Risk Management in Business
Module 2: Risk Assessment and Analysis
Identifying IT Risks
Risk Assessment Frameworks (NIST, ISO 27005, FAIR)
Qualitative vs. Quantitative Risk Analysis
Threat Modeling and Vulnerability Assessment
Module 3: Risk Mitigation Strategies
Risk Treatment Options (Avoidance, Mitigation, Transfer, Acceptance)
Security Controls and Countermeasures
Defense-in-Depth Strategy
Incident Response and Business Continuity Planning
Module 4: Compliance and Regulatory Requirements
Overview of IT Compliance (GDPR, HIPAA, PCI-DSS, SOX)
Risk-Based Approach to Compliance
Legal and Ethical Considerations
Module 5: IT Governance and Risk Management Frameworks
COBIT (Control Objectives for Information and Related Technologies)
ISO 27001 and 27005 Risk Management Standards
NIST Cybersecurity Framework
Enterprise Risk Management (ERM)
Module 6: Third-Party and Supply Chain Risk Management
Vendor Risk Management
Cloud Security Risks
Contractual and Legal Considerations for IT Risks
Module 7: Emerging Trends in IT Risk Management
Cyber Threat Intelligence
AI and Automation in Risk Management
Risk Management in the Cloud and IoT Environments
