Cybersecurity for Risk Managers

CONTENT

• Introduction
  • Review of key threats for the financial sector, based on industry reports and incidents made public.
• Cyber war game
  • We will apply the concepts explained previously to a specific scenario, which participants will need to solve in a crisis management game. The scenario features a realistic attack. Round after round, participants (which each have to take on a defined management role) act as the executive committee of the company and must process the information received and make the decisions, hoping that these will help control the attack and minimize business impact. At the end of the game, an explanation of the attack and the related mechanisms is given, and a brief summary of the counter measures that are recommended is provided – so that participants gain a concrete set of examples of how security controls can juggle an attack.​
• Information Security Compliance landscape for the Financial Sector
  • Introduction to the different external compliancy requirements for the Financial sector as well as tips & tricks on how to ensure (internal) compliance. We will also cover the impact of DORA and the GDPR on Cybersecurity, with a reference to the EBA guidelines where relevant.
• Risk Assessment for Cybersecurity
  • Starting from the ISO27005 framework, we will introduce a typical methodology for information security risk assessments, as well as briefly touch upon other known methodologies.
  • We will complement this theoretical introduction with two examples of risk assessment methodologies, one for a web application, and another for a third party supplier. There, we will introduce key security frameworks available to the risk manager to design an approach that addresses state of the art security controls exhaustively (e.g. ISO27002, CSA questionnaire, …) or select key controls to address most prominent risk areas (e.g. 20 critical security controls).
• Integrate Information Security into Operational Risk Management
  • This session will focus on how to integrate Information Security in the overall Operational Risk Management process, from a methodology and governance point of view.

PRACTICAL INFORMATION

• Duration: 1 day of training (6 class hours)
• Hours: 09:00 to 17:00
• Location: Febelfin Academy: Phoenix building, Koning Albert II-laan/Boulevard du Roi Albert II 19, 1210 Brussels
• Language: This training will be given in English