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Introduction to Risk Management

Qasim Ijaz

In this course, you will learn about risk assessment techniques and how to implement a number of strategies that will ensure the protection of assets. You will learn about the relationship between assets, vulnerabilities, threats, and risks. You will also engage with a number of current case studies in the industry that illustrate the material. You will leave the course with skills relating to threat modeling and business continuity planning that have direct applications at your current job or in your future career.

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What's inside

Syllabus

Risk Assessment
Welcome to the first module of Introduction to Risk Management. In this module we focus on understanding what a risk is and the range of dependencies that a risk may rely on. We will also list and describe risk assessment techniques that can help you better understand any risk landscape. Finally, we will discuss how to present identified risks to your leadership for better decision making.
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Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Explores industry-standard risk assessment techniques
Teaches skills applicable to roles in risk management
Develops threat modeling and business continuity planning skills

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Reviews summary

Foundational concepts for risk management

According to learners, this course provides a positive and clear introduction to the fundamentals of risk management. Students highlight its well-structured modules, which progress logically from identifying risks to understanding risk management frameworks, threat modeling, and business continuity planning. Many found the content highly practical, with direct applications for their current or future careers, appreciating the inclusion of relevant case studies. While widely praised for building a solid foundational understanding, some noted its introductory nature, suggesting it might be less suitable for those seeking advanced or highly hands-on content.
Ideal for beginners, but may lack depth for experienced professionals.
"As a beginner, I found this course perfect, but those with prior experience might find it too basic."
"It's a great 'introduction,' but I was hoping for a bit more advanced material in some areas."
"I learned a lot, but for a deeper dive into specific frameworks, I'd need additional resources."
Course content is logically organized and easy to follow.
"The course is very well-organized, with each module building logically on the previous one."
"I liked the sequential flow from risk identification to management and planning."
"The modular approach made it easy to consume the information at my own pace."
Content offers tools and strategies applicable in professional settings.
"The business continuity planning module gave me direct strategies I could apply immediately at work."
"I appreciated the real-world examples and case studies that helped bridge theory to practice."
"Learning about presenting identified risks to leadership was incredibly valuable for my job."
Provides a robust understanding of core risk management principles.
"This course provided a really solid base for understanding risk assessment and management."
"I found the modules on RMF and threat modeling particularly insightful, laying a great foundation for my security work."
"The clear explanations of assets, vulnerabilities, threats, and risks were exactly what I needed to start."
Primarily theoretical with less emphasis on practical, hands-on exercises.
"I wish there were more practical exercises or simulations, especially for threat modeling."
"The course is very informative, but could benefit from more hands-on activities to reinforce concepts."
"While the theory is strong, I'd love to see more practical application scenarios beyond just case studies."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Introduction to Risk Management with these activities:
Seek Mentorship from Risk Management Professionals
Connect with experienced risk management professionals who can provide guidance and support in your learning journey.
Browse courses on Mentorship
Show steps
  • Attend industry events or online forums to network with professionals.
  • Reach out to individuals whose expertise aligns with your interests.
  • Request mentorship and set up regular meetings to discuss your progress and seek advice.
Conduct Vulnerability Assessment
Build foundational understanding of identifying potential vulnerabilities within an IT system.
Browse courses on Vulnerability Assessment
Show steps
  • Identify assets and their criticality
  • Perform vulnerability scanning
  • Analyze results and prioritize risks
Read 'Risk Management Handbook'
Gain in-depth knowledge about risk management principles and practices by reviewing the 'Risk Management Handbook'.
View Improving Healthcare Through Advocacy: A Guide... on Amazon
Show steps
  • Purchase or borrow the book.
  • Read the chapters relevant to the course topics.
  • Take notes and highlight important concepts.
Six other activities
Expand to see all activities and additional details
Show all nine activities
Identify and Mitigate Risks
Practice identifying and mitigating risks to strengthen your understanding of risk assessment techniques.
Browse courses on Risk Identification
Show steps
  • Review common types of risks and their potential impacts.
  • Conduct a risk assessment exercise using a real-world scenario.
  • Develop and implement mitigation strategies for identified risks.
Attend a Risk Management Workshop
Gain practical insights and hands-on experience by attending a risk management workshop led by industry experts.
Browse courses on Training
Show steps
  • Research and identify workshops that align with your learning goals.
  • Register for and attend the workshop.
  • Actively participate in discussions and exercises.
Learn Threat Modeling Techniques
Enhance your understanding of threat modeling by following guided tutorials that cover the process and best practices.
Browse courses on Threat Modeling
Show steps
  • Find online tutorials or resources on threat modeling.
  • Follow the steps of a threat modeling framework to analyze a system.
  • Identify and document potential threats and their associated risks.
Discuss Risk Assessment Case Studies
Exchange ideas and perspectives on real-world risk assessment scenarios through discussions with peers.
Browse courses on Risk Assessment
Show steps
  • Find a study group or online forum.
  • Select a risk assessment case study to analyze.
  • Discuss the risks, vulnerabilities, and mitigation strategies identified.
Develop a Risk Management Plan
Apply your knowledge by creating a comprehensive risk management plan for a specific scenario.
Browse courses on Risk Management Plan
Show steps
  • Identify the assets, threats, and vulnerabilities associated with the scenario.
  • Analyze the risks and prioritize them based on severity and likelihood.
  • Develop and document mitigation strategies to address the identified risks.
Contribute to an Open-Source Risk Management Tool
Enhance your practical skills and contribute to the community by contributing to an open-source risk management tool.
Browse courses on Open-Source
Show steps
  • Find an open-source risk management tool that aligns with your interests.
  • Review the documentation and codebase.
  • Identify areas where you can contribute, such as bug fixes, feature enhancements, or documentation improvements.

Career center

Learners who complete Introduction to Risk Management will develop knowledge and skills that may be useful to these careers:
Risk Manager
A Risk Manager develops and implements plans to minimize an organization's exposure to risk. This course may be useful because it teaches risk assessment techniques that can be used to identify and assess risks, as well as strategies for implementing controls to mitigate those risks. Additionally, the course covers threat modeling, which is an important skill for Risk Managers to have.
See salaries and explore the career path for Risk Manager
Business Continuity Planner
A Business Continuity Planner develops and implements plans to ensure that an organization can continue to operate in the event of a disruption. This course may be useful because it covers business continuity planning, which is an important part of a Risk Manager's job.
See salaries and explore the career path for Business Continuity Planner
Information Security Analyst
An Information Security Analyst is responsible for protecting an organization's information systems from threats. This course may be useful because it covers threat modeling, which is an important skill for Information Security Analysts to have. Additionally, the course covers risk assessment techniques that can be used to identify and assess risks to information systems.
See salaries and explore the career path for Information Security Analyst
Security Consultant
A Security Consultant provides security advice to organizations. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks to an organization's security. Additionally, the course covers threat modeling, which is an important skill for Security Consultants to have.
See salaries and explore the career path for Security Consultant
IT Auditor
An IT Auditor reviews an organization's IT systems and processes to ensure that they are secure and compliant with regulations. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks to an organization's IT systems. Additionally, the course covers threat modeling, which is an important skill for IT Auditors to have.
See salaries and explore the career path for IT Auditor
Fraud Investigator
A Fraud Investigator investigates cases of fraud. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks of fraud. Additionally, the course covers threat modeling, which is an important skill for Fraud Investigators to have.
See salaries and explore the career path for Fraud Investigator
Compliance Officer
A Compliance Officer ensures that an organization complies with laws and regulations. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks of non-compliance. Additionally, the course covers threat modeling, which is an important skill for Compliance Officers to have.
See salaries and explore the career path for Compliance Officer
Risk Analyst
A Risk Analyst identifies and assesses risks to an organization. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks. Additionally, the course covers threat modeling, which is an important skill for Risk Analysts to have.
See salaries and explore the career path for Risk Analyst
Insurance Underwriter
An Insurance Underwriter assesses risks for insurance companies. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks. Additionally, the course covers threat modeling, which is an important skill for Insurance Underwriters to have.
See salaries and explore the career path for Insurance Underwriter
Actuary
An Actuary analyzes and manages financial risks. This course may be useful because it covers risk assessment techniques that can be used to identify and assess financial risks. Additionally, the course covers threat modeling, which is an important skill for Actuaries to have.
See salaries and explore the career path for Actuary
Financial Analyst
A Financial Analyst analyzes financial data to make investment recommendations. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks to investments. Additionally, the course covers threat modeling, which is an important skill for Financial Analysts to have.
See salaries and explore the career path for Financial Analyst
Data Scientist
A Data Scientist uses data to solve business problems. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks to data. Additionally, the course covers threat modeling, which is an important skill for Data Scientists to have.
See salaries and explore the career path for Data Scientist
Quantitative Analyst
A Quantitative Analyst uses mathematical and statistical models to assess risks. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks. Additionally, the course covers threat modeling, which is an important skill for Quantitative Analysts to have.
See salaries and explore the career path for Quantitative Analyst
Economist
An Economist analyzes economic data to make predictions about the future. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks to the economy. Additionally, the course covers threat modeling, which is an important skill for Economists to have.
See salaries and explore the career path for Economist
Statistician
A Statistician collects and analyzes data to make predictions about the future. This course may be useful because it covers risk assessment techniques that can be used to identify and assess risks. Additionally, the course covers threat modeling, which is an important skill for Statisticians to have.
See salaries and explore the career path for Statistician

Reading list

We've selected eight books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Introduction to Risk Management.
Cover image
Managing Risk in Projects
Save
Provides a comprehensive overview of risk management, including methods, analysis, and practice. It valuable resource for both beginners and experienced risk managers.
Managing Risk in Projects
Paperback
Check
Managing Risk in Projects
Kindle Edition
Check
Cover image
Implementing Enterprise Risk Management
Save
Provides a practical guide to the risk management process. It is written in a clear and concise style, and it is packed with useful information and examples.
Implementing Enterprise Risk Management
Paperback
Check
Implementing Enterprise Risk Management
Kindle Edition
Check
Cover image
Threats
Save
Provides a comprehensive overview of threat modeling. It valuable resource for security professionals who want to learn how to identify and mitigate threats to their systems.
Threat Modeling: Designing for Security
Paperback
$$
Threats: What Every Engineer Should Learn From Star...
Kindle Edition
$$
Cover image
A Short Guide to Risk Appetite
Save
Provides a practical guide to assessing operational risk. It valuable resource for risk managers and other professionals who need to understand and manage operational risk.
A Short Guide to Risk Appetite (Short Guides to...
Kindle Edition
$$
Cover image
How to Measure Anything in Cybersecurity Risk
Save
Provides a comprehensive guide to risk management. It valuable resource for risk managers and other professionals who need to understand and manage risk.
How to Measure Anything in Cybersecurity Risk
Paperback
Check
How to Measure Anything in Cybersecurity Risk
Kindle Edition
Check
Cover image
Public Information Management and E-Government
Save
Provides a comprehensive overview of risk management for IT practitioners. It valuable resource for IT professionals who need to understand and manage risk.
Public Information Management and E-Government:...
Hardcover
$$$$
Mastering Risk
Save
Provides a practical approach to operational risk management. It valuable resource for risk managers and other professionals who need to understand and manage operational risk.
Mastering Risk
Paperback
Check
Mastering Risk
Kindle Edition
Check
Cover image
ISC2 CISSP Certified Information Systems Security...
Save
Provides a comprehensive overview of risk management in information systems. It valuable resource for IT professionals who need to understand and manage risk in information systems.
ISC2 CISSP Certified Information Systems Security...
Paperback
Check
ISC2 CISSP Certified Information Systems Security...
Kindle Edition
Check

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Effort
10 hours to complete
Via
Coursera
Institution
University of California, Irvine
Instructor
Qasim Ijaz
Language
English
Transcripts
Español Français Português Deutsch Italiano 中文 العربية 한국어 日本語 हिंदी Nederlands Svenska Pусский Türkçe Polski Ελληνικά українська мова Bahasa Indonesia ไทย қазақша tiếng Việt
This course belongs to a collection called Introduction to Cybersecurity & Risk Management. It's comprised of three courses:
  1. Security Governance & Compliance
  2. Introduction to Risk Management (viewing)
  3. Personnel & Third-Party Security
Traffic lights
Read about what's good
what should give you pause
and possible dealbreakers
Explores industry-standard risk assessment techniques
Teaches skills applicable to roles in risk management
Develops threat modeling and business continuity planning skills
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