About the course
This Cyber Security Risk Assessment and Management course will teach you how to how to conduct a security risk assessment to protect your organisation. You will learn about the laws and regulations that impose strict cyber security requirements on all organisations, and gain the skills to develop a compliance assessment plan and employ a standards-based risk management process while maintaining a satisfactory security posture.
Key Features of this Risk Assessment and Management Training:
- After-course instructor coaching benefit
- Learning Tree end-of-course exam included
You Will Learn How To:
- Implement standards-based, proven methodologies for assessing and managing the risks to your organization's information infrastructure
- Select and implement security controls that ensure compliance with applicable laws, regulations, policies, and directives
- Extend security protection to Industrial Control Systems (ICS) and the cloud
Risk Assessment and Management Course Information
Prerequisites
Attendees should have a basic knowledge of business processes and technology concepts. No specialised technical knowledge is assumed.
Risk Assessment and Management Course Outline
Introduction to Risk Assessment and Management
- Ensuring compliance with applicable regulatory drivers
- Protecting the organisation from unacceptable losses
- Describing the Risk Management Framework (RMF)
- Applying NIST/ISO risk management processes
Characterising System Security Requirements
Defining the system
- Outlining the system security boundary
- Pinpointing system interconnections
- Incorporating the unique characteristics of Industrial Control Systems (ICS) and cloud-based systems
Identifying security risk components
- Estimating the impact of compromises to confidentiality, integrity and availability
- Adopting the appropriate model for categorising system risk
Setting the stage for successful risk management
- Documenting critical risk assessment and management decisions in the System Security Plan (SSP)
- Appointing qualified individuals to risk governance roles
Selecting Appropriate Security Controls
Assigning a security control baseline
- Investigating security control families
- Determining the baseline from system security risk
Tailoring the baseline to fit the system
- Examining the structure of security controls, enhancements and parameters
- Binding control overlays to the selected baseline
- Gauging the need for enhanced assurance
- Distinguishing system-specific, compensating and non-applicable controls
Reducing Risk Through Effective Control Implementation
Specifying the implementation approach
- Maximising security effectiveness by "building in" security
- Reducing residual risk in legacy systems via "bolt-on" security elements
Applying NIST/ISO controls
- Enhancing system robustness through selection of evaluated and validated components
- Coordinating implementation approaches to administrative, operational and technical controls
- Providing evidence of compliance through supporting artifacts
Assessing Compliance Scope and Depth
Developing an assessment plan
- Prioritising depth of control assessment
- Optimising validation through sequencing and consolidation
- Verifying compliance through tests, interviews and examinations
Formulating an authorisation recommendation
- Evaluating overall system security risk
- Mitigating residual risks
- Publishing the Plan of Action and Milestones (POA&M), the risk assessment and recommendation
Authorising System Operation
Aligning authority and responsibility
- Quantifying organisational risk tolerance
- Elevating authorisation decisions in high-risk scenarios
Forming a risk-based decision
- Appraising system operational impact
- Weighing residual risk against operational utility
- Issuing Authority to Operate (ATO)
Maintaining Continued Compliance
Justifying continuous reauthorisation
- Measuring impact of changes on system security posture
- Executing effective configuration management
- Performing periodic control reassessment
Preserving an acceptable security posture
- Delivering initial and routine follow-up security awareness training
- Collecting on-going security metrics
- Implementing vulnerability management, incident response and business continuity processes
Risk Assessment and Management Training FAQs
What is cyber security risk assessment?
Going through the process of identifying, analysing and evaluating risk. It helps to guarantee that the cybersecurity controls you are choosing are suitable for the risks your organisation may face.
What is risk management in information security?
Information security risk management is the process of managing risks associated with the use of information technology.
Can I learn cyber security risk assessment and management online?
Yes! We know your busy work schedule may prevent you from getting to one of our classrooms which is why we offer convenient online training to meet your needs wherever you want. This course is available in class and live online.