Cyber Risk Supervision from edX

As the reliance of the financial sector on Information Technology and the interconnectedness of systems continue to rise, cybersecurity has become a financial stability risk. Financial supervisors need to understand the nature of the risk, learn the essential concepts of cyber risk management, and acquire basic skills needed for effective regulation and supervision.

To this end, the course will lay out the cyber risk landscape for financial institutions, core principles of sound risk management based on the understanding of IT architectures, and approaches to regulations and effective supervisory practices. Course developed with the financial support of the Financial Sector Stability Fund (FSSF) and the Government of Japan.

What you'll learn

Upon completion of this course, participants should be able to: Demonstrate an understanding of the cyber threat landscape Identify key drivers of cyber risk Explain approaches to cyber risk management Assess risk management practices Understand the concepts in framing cyber risk regulations Learn elements of cyber risk supervision Identify key situations that require expert supervision

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

An ideal course for financial supervisors who are responsible for regulating and supervising financial institutions to understand cyber risk management and develop effective strategies

Suitable for professionals working in risk management, financial regulation, and cybersecurity who seek to enhance their knowledge and skills in cyber risk management within the financial sector

Course instructors are experienced professionals in the financial and information technology industries, bringing practical insights and expertise to the course content

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 Cyber Risk Supervision with these activities:

Review Fundamentals of Information Security

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Activate prior knowledge and solidify the basic concepts of Information Security, ensuring a solid foundation for the course.

View Fundamentals of Information Systems Security on Amazon

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Read Chapters 1-4 to grasp the core concepts.
Summarize key points and definitions.
Identify real-world examples of the concepts discussed.

Cybersecurity Vulnerability Assessment Exercises

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Enhance hands-on skills in identifying and mitigating cybersecurity vulnerabilities, reinforcing the practical aspects of risk management.

Browse courses on Vulnerability Assessment

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Use tools and techniques to scan for vulnerabilities.
Analyze results and prioritize risks.
Develop and implement remediation plans.

Cyber Risk Assessment Plan

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Apply the principles of cyber risk management to a practical scenario, reinforcing the understanding and practical application of the concepts.

Browse courses on Risk Management

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Identify and analyze potential cyber threats and vulnerabilities.
Develop mitigation strategies and controls.
Create a comprehensive risk assessment report.

Two other activities

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Cyber Risk Management Policy

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Translate the theoretical concepts of cyber risk management into a practical policy document, solidifying understanding and promoting real-world implementation.

Browse courses on Cybersecurity Policy

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Review existing policies and industry best practices.
Identify key elements of a cyber risk management policy.
Draft and refine the policy document.

Cyber Risk Management Case Study Analysis

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Apply the concepts of cyber risk management to real-world scenarios, fostering critical thinking and problem-solving skills.

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Review and analyze a provided case study.
Identify key risks and vulnerabilities.
Develop and present recommendations for improvement.

Career center

Learners who complete Cyber Risk Supervision will develop knowledge and skills that may be useful to these careers:

Cybersecurity Consultant

A Cybersecurity Consultant provides guidance to organizations on how to improve their cybersecurity posture. This course would be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Cybersecurity Consultant.

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Risk Manager

A Risk Manager is responsible for identifying, assessing, and mitigating risks to an organization. This course would be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Risk Manager.

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Auditor

An Auditor is responsible for examining an organization's financial records and operations to ensure that they are accurate and compliant with all applicable laws and regulations. This course would be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for an Auditor.

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Cybersecurity Engineer

A Cybersecurity Engineer is responsible for designing, implementing, and maintaining cybersecurity systems. This course would be useful for someone in this role because it provides a strong foundation in cyber risk management. Additionally, the course covers approaches to cyber risk regulations and effective supervisory practices, which would be valuable knowledge for a Cybersecurity Engineer.

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Compliance Officer

A Compliance Officer is responsible for ensuring that an organization complies with all applicable laws and regulations. This course would be useful for someone in this role because it provides a comprehensive overview of cyber risk regulations. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Compliance Officer.

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Chief Information Security Officer

A Chief Information Security Officer (CISO) is responsible for developing and implementing an organization's cybersecurity strategy. This course would be particularly useful for someone in this role because it teaches the essential concepts of cyber risk management and provides an understanding of the cyber threat landscape. Additionally, the course covers approaches to cyber risk regulations and effective supervisory practices, which would be valuable knowledge for a CISO.

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Information Security Analyst

An Information Security Analyst is responsible for identifying, assessing, and mitigating cybersecurity risks. This course would be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for an Information Security Analyst.

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Portfolio Manager

A Portfolio Manager is responsible for managing a portfolio of investments on behalf of clients. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Portfolio Manager.

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Financial Analyst

A Financial Analyst is responsible for analyzing financial data to make investment recommendations. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Financial Analyst.

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Quantitative Analyst

A Quantitative Analyst is responsible for using mathematical and statistical models to analyze financial data. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Quantitative Analyst.

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Actuary

An Actuary is responsible for assessing the financial risks associated with insurance policies. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for an Actuary.

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Investment Banker

An Investment Banker is responsible for advising companies on mergers and acquisitions, initial public offerings, and other financial transactions. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for an Investment Banker.

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Systems Analyst

A Systems Analyst is responsible for analyzing and designing business systems. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Systems Analyst.

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Data Scientist

A Data Scientist is responsible for using data to solve business problems. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Data Scientist.

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Software Engineer

A Software Engineer is responsible for designing, developing, and maintaining software systems. This course may be useful for someone in this role because it provides a comprehensive overview of cyber risk management. Additionally, the course covers the concepts of framing cyber risk regulations and elements of cyber risk supervision, which would be valuable knowledge for a Software Engineer.

See salaries and explore the career path for Software Engineer