Spezialisierung Cyber Risk Management for Executives

This course provides a practical, hands-on approach to applying the Factor Analysis of Information Risk (FAIR) methodology in cyber risk management. Students will learn how to leverage industry research, use FAIR for decision-making, and report on the materiality of cyber incidents using FAIR-MAM (Materiality Assessment Methodology). Through real-world CISO lectures and exercises, participants will gain the skills to quantify and communicate cyber risk effectively in financial terms.

This course is tailored for senior executives and decision-makers overseeing or guiding cyber risk management within their organizations. Ideal participants will have: Leadership and Strategic Oversight: Participants should hold or aspire to hold leadership roles such as Chief Executive Officer (CEO), Chief Information Security Officer (CISO), Chief Risk Officer (CRO), or senior management positions where they are responsible for setting and implementing risk management strategies. Experience with Financial or Business Risk: Executives with experience managing financial risk or business continuity planning will find the course particularly valuable, as it covers the intersection of cyber risk and financial decision-making. Commitment to Continuous Improvement: A mindset geared toward continuous improvement in risk management practices, with a willingness to explore and adopt new methodologies, such as the FAIR model, to enhance their organization's cyber resilience. This course is designed to equip senior leaders with the practical skills and insights necessary to integrate the FAIR model into their organization’s broader risk management strategy, ensuring a more quantitative and business-aligned approach to managing cyber risks.

This course focuses on the critical aspects of communicating cyber risk to stakeholders and establishing effective governance structures. Executives will learn to translate technical cyber risk concepts into business language, report to the board, and build a cyber risk-aware culture. The course also covers regulatory compliance, the role of cyber insurance, and techniques for resolving disputes and building consensus within the organization.

This course is tailored for senior executives and decision-makers overseeing or guiding cyber risk management within their organizations. Ideal participants will have: Leadership and Strategic Oversight: Participants should hold or aspire to hold leadership roles such as Chief Executive Officer (CEO), Chief Information Security Officer (CISO), Chief Risk Officer (CRO), or senior management positions where they are responsible for setting and implementing risk management strategies. Experience with Financial or Business Risk: Executives with experience managing financial risk or business continuity planning will find the course particularly valuable, as it covers the intersection of cyber risk and financial decision-making. Commitment to Continuous Improvement: A mindset geared toward continuous improvement in risk management practices, with a willingness to explore and adopt new methodologies, such as the FAIR model, to enhance their organization's cyber resilience. This course is designed to equip senior leaders with the practical skills and insights necessary to integrate the FAIR model into their organization’s broader risk management strategy, ensuring a more quantitative and business-aligned approach to managing cyber risks.

This comprehensive course is designed to guide executives in effectively integrating the FAIR model into their cyber risk management programs, ensuring their strategies remain adaptable in the face of evolving threats. Participants will learn how to leverage FAIR to evaluate new technologies, enhance existing risk assessment frameworks, and build robust, effective risk management strategies. The course delves into the nuances of various risk management frameworks, distinguishing between technical and governance approaches. Additionally, participants will explore ancillary FAIR standards for controls, third-party risk, and automation, gaining insights into how these can complement and strengthen their overall risk management efforts. The course concludes with strategies for continuously improving cyber risk management programs, ensuring they evolve to meet emerging threats and organizational needs.

This course is tailored for senior executives and decision-makers overseeing or guiding cyber risk management within their organizations. Ideal participants will have: Leadership and Strategic Oversight: Participants should hold or aspire to hold leadership roles such as Chief Executive Officer (CEO), Chief Information Security Officer (CISO), Chief Risk Officer (CRO), or senior management positions where they are responsible for setting and implementing risk management strategies. Experience with Financial or Business Risk: Executives with experience managing financial risk or business continuity planning will find the course particularly valuable, as it covers the intersection of cyber risk and financial decision-making. Commitment to Continuous Improvement: A mindset geared toward continuous improvement in risk management practices, willing to explore and adopt new methodologies, such as the FAIR model, to enhance their organization's cyber resilience. This course will equip senior leaders with the practical skills and insights necessary to integrate the FAIR model into their organization’s broader risk management strategy, ensuring a more quantitative and business-aligned approach to managing cyber risks.