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Risk Management

In this course, students will learn and understand the different components of risk, risk assessment and risk management and how all these components relate; the different types of risk assessment; the frameworks and methodologies of conducting and processing risk management correctly, efficiently and effectively in the enterprise; how to establish an effective risk management for your organization. The course covers risk challenges facing security and risk management, IT Risk & alignment to business objectives, risk domains and risk universe, risk management components & their relations, risk management Processes and life cycles, risk assessment (framework/methodologies), qualitative and quantitative risk assessment, risk appetite & risk tolerance, controls and control objectives, control Self-Assessment, Security and Risk Metrics, risks reporting and communicating, data classification, processing effective & efficient risk management, Outsourcing / Cloud computing and impact to IT Risk. The course includes exercise and walks through Risk Management Process Flows of a real life scenarios and case studies.

Course ID
CIT-627
Credit Hours
3