Description

With this course, you will learn about the threats and vulnerabilities to organizations and how they combine to produce risks in an organization. Learn cyber risk prevention methods for risk mitigation, avoidance, transference, and acceptance and how to classify information and successfully implement security controls to limit cyber risks.

This course is designed to equip IT managers with comprehensive skills in cyber risk management, focusing on identifying, analyzing, and managing cybersecurity risks effectively. This course focuses on risk management strategies such as mitigation, avoidance, transference, and acceptance to address cyber threats and vulnerabilities, highlighting the crucial role of understanding threat dynamics, information classification, and security control implementation. Beyond the foundational elements of risk management, the course offers an in-depth exploration of vulnerability management techniques, such as ethical hacking and penetration testing, aimed at reducing vulnerabilities and, consequently, the overall risk exposure of a company. Participants will gain insights into both quantitative and qualitative risk analysis methods and how they are applied in real-world scenarios. By the end of the course, IT managers will be well-prepared to implement robust cyber risk management strategies within their organizations, ensuring a strong defense against cyber threats and enhancing their company's security posture.

What You Will Learn

Understand the foundations of risk management in cyber security
Learn how to determine and analyze risks
Understand how to mitigate, transfer, avoid, and monitor risks
Learn how to manage third-party cyber risks effectively
Learn ethical hacking/penetration testing to reduce vulnerabilities
Understand how to calculate quantitative/qualitative risk analyses

Audience

This course primarily focuses on information technology or cyber security managers and is designed to help them understand the concepts elaborately. This course is intended to provide comprehensive insight into cyber risk management but not prepare for certifications related to the topic. This short course superficially embarks on the crucial concepts in cyber risk management. If you are new to cyber risk management or want to further your knowledge in this field, being risk manager or cyber security personnel, this course is for you. A basic understanding of cybersecurity is required.

Approach

This short theoretical course is designed to explore briefly the basic concepts of cyber risk knowledge. The interactive and explanatory podcast-type sessions broach many topics but have limited depth. This course is delivered with presentations, short video clips, and on-screen displays with examples to understand the concepts well, but not suited for preparing for certifications or mastery.

Key Features

Understand the scope and roles of cyber risk management and how to mitigate cyber risks * Learn more about third-party cyber risk management (TPCRM) and implement it in your organization * Develop strategic business continuity and disaster recovery plans in case of a cyberattack

Github Repo

https://github.com/PacktPublishing/Risk-Management-for-Cyber-Security-Managers

About the Author

Alexander Oni

Alexander Oni is a bestselling instructor with 70,000 students enrolled in his courses. His passion includes teaching through online courses in an entertaining way. Alex has been teaching online for three years and has created over 25 courses with numerous students registered worldwide. Alex believes we all have one shot at life and should live life to the fullest, constantly stepping out of our comfort zone, visiting places, and trying new things. His success in Udemy has given him financial freedom and the ability to travel and settle anywhere. The author is currently avidly travelling, spending a month in every city and moving to the next. His hobbies include watching movies, sports, and chess.

Course Outline

1. Welcome to the Course

This section focuses on an introduction to the course in general and outlines what cyber risk as a profession entails.

1. Introduction to the Course

This brief introductory video overviews the course and briefly outlines cyber risk management concepts.

2. Risk Management as a Profession

In this video, the author discusses the pros and cons of risk management as a profession and how to go about it for those interested in this.

3. Standards

This video provides an overview of the crucial role standards play in risk management, distinguishing between regulatory and non-regulatory standards, and introduces the main cybersecurity risk management frameworks from NIST and ISO.

2. Introduction to Risk

This section focuses on risk, the different types of risks, defining risk management, the scope and roles of risk management, and the threats and adversaries.

1. What Is Risk?

This video explains what constitutes a risk in terms of a business, a functioning system, or all kinds of assets.

2. Types of Risks

In this lesson, we will look at the different risks that a company, an organization, or a system might face from a business perspective.

3. Risk Management Definition and Types

In this video, we embark upon cyber risk management, the types of cyber risks we may face in an organization, and how to eliminate those risks as much as possible.

4. Risk Management Scope and Roles

In this lesson, we will look at the scope of cyber risk management and the different kinds of roles under cyber risk management.

5. Threats and Adversaries

Here, we will discuss the different kinds of threats that you might face as a cyber risk manager.

3. Risk Management

This section refocuses on risk management, how to identify risks, the various risk assessment methods, how to avoid or mitigate risks, monitor risks, and accept or reject risks.

1. Section Preview

This video briefly outlines what you will learn in this section.

2. Risk Identification

We will look at the first step in cyber risk management: cyber risk identification.

3. Risk Assessment

After learning to identify risks from the previous video, we will now look at the various possibilities for assessing risk.

4. Risk Management Processes

In this lesson, we will discuss the general cyber risk management cycle.

5. Risk Mitigation

Let's look at the first step of risk management in cyber security, which includes risk mitigation, the most common risk control method.

6. Risk Avoidance

This is the second way we can respond to a certain kind of risk and learn how to avoid risks at all costs.

7. Risk Transference

In this video, we will look at risk transference, the third significant way we can adopt to mitigate cyber risks in an organization.

8. Risk Acceptance and Risk Rejection

In this lesson, you will learn the options when we cannot mitigate risk, transfer risk, or avoid a hazard.

9. Risk Monitoring

In the final video of this section, we will discuss monitoring risks, how we can go about watching them, and if we can keep a close tab on risks with this process.

4. Information Classification and Security Controls

This section focuses on information classification, the available security controls, how to classify information, and how to implement controls.

1. Section Preview

This brief section outlines how we will understand what information classification is and how to implement security controls.

2. Information Classification

In this lesson, you will learn how to classify information to understand how to mitigate risks in the most efficient manner.

3. Information Security Controls

After learning to classify information differently, we will discuss the kinds of security controls available to us to avoid/control risks.

4. Implementation of Security Controls

This lesson will look at the practical methods available to implement security controls in order to avoid/mitigate risks.

5. Third-Party Cyber Risk Management

This section focuses on outsourcing risk management to a third party, the factors to be considered, and the options available before doing so.

1. Third-Party Cyber Risk Management

This video elaborates on the various options for transferring or outsourcing risk management to a third party or a vendor.

2. Steps to Implement TPCRM

In this lesson, you will learn how to identify the possible third-party vendors and what factors to consider before weighing the options and the amount of risk control desired.

6. Vulnerability Management

This section focuses on the various vulnerabilities an organization can experience or face, and an overview of ethical hacking and penetrative testing.

1. Section Preview

In this video, you will learn more about the different vulnerabilities an organization can face and how to eliminate them as much as possible.

2. What Is Vulnerability Management?

This lesson will discuss identifying, assessing, treating, and reporting security vulnerabilities.

3. Ethical Hacking and Pen Testing

In this video, we will discuss ethical hacking and penetration testing and how we can use these techniques to mitigate cyber risks in an organization.

7. Incident Response

This section focuses on how a business or organization can develop a continuation plan in case of a cyberattack.

1. Business Continuity and Disaster Recovery Plans

This video elaborates on how an organization can develop a plan for continuity or recovery when a cyber-attack occurs.

8. Conclusion

This is the conclusion section of the course.

1. Conclusion

The author provides a thank-you note in this video and concludes the course.

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Risk Management for Cyber Security Managers

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