Advanced Cyber Risk Management
- Data Protection
- Innovation & Business Improvement
This module is conducted in-person.
3 days
Weekdays (9am - 5pm)
Who Should Attend
Professionals in IT risk management and security related functions, including audit and compliance (e.g. security engineer, senior information security officer, senior risk officer, senior compliance or control officer, security administrator)
PREREQUISITES
Participants should have 3 years of relevant experience with working knowledge of risk management and/ or compliance.
Overview
As organisations embrace digitalisation to transform business and operations, it is critical to develop policies, procedures and controls to manage technology-related risks. The frequency and scale of cyber attacks and breaches have escalated. The disruptions to systems and operations can greatly damage an organisation’s reputation, public trust and bottom line. It is imperative for professionals in technology and operations to develop and implement effective controls to manage cyber risk, activate technology disaster plans to ensure business continuity.
In this 3-day hands-on program, participants work through a comprehensive case study, starting from risk identification to implementation of controls to comply with regulatory requirements and industry best practices.
Learning Objectives
- Adopt a holistic approach to cyber risk management
- Outline risk scenarios to identify business and technology risks
- Assess risk and select risk treatment option
- Design risk metrics and tools to monitor risks
- Expand perspectives through peer interactions & small group coaching
Topic/Structure
Risk Identification & Assessment
- Determine risk appetite & tolerance
- Identify risk factors & scenarios
- Assess risk using risk models
- Case study activities
- Identify business & technology Issues
- Determine & justify risk appetite
- Identify & list key risk exposures & scenarios
- Develop risk matrix and heatmap
Risk Response Options & Action Plan
- Weigh risk response options
- Prioritise based on quick wins & business case
- Develop & execute risk action plan
- Define monitoring metric & threshold
- Define key risk indicators & triggers
- Case study activities
- Select risk treatment & prioritise action plan
- Determine frequency, data source & metrics
Reporting, Escalation & Risk Ownership
- Assign risk ownership
- Escalate risk along the three lines of defence
- Design risk tools
- Develop business continuity plan
- Manage crisis & respond to breaches
- Case study activities
- Design reporting process & tools
- Create risk register & identify tools
Compliance Risk Management
- Know the regulatory requirements & landscape
- Case study activities
- Apply the Six Sigma approach to manage compliance risk
- Derive policies & procedures using data protection principles
- Determine compliance rating with reference to MAS Technology Risk Management Guidelines
Assessment
Upon meeting the attendance and assessment criteria, participants will be awarded a digital certificate for participating in each module. Please refer to our course policies to view the attendance and assessment criteria.
Calculate Programme Fee
Fee Table
| COMPANY-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$981 (After SSG Funding 70%) |
$381 (After SSG Funding 70% |
$981 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$381 (After SSG Funding 70% |
$381 (After SSG Funding 70% |
$381 (After SSG Funding 70% |
|
International Participant |
$3,270 (No Funding) |
$3,270 (No Funding) |
$3,270 (No Funding) |
All prices include 9% GST
Please note that the programme fees are subject to change without prior notice.
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Company Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
Intake Information
This module is conducted in-person.
| Course | Dates |
|---|---|
| INTAKE 2 | [To Be Advised] |
*Online registration will close 5 calendar days before the course start date
Trainers
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