Tech Risk Management Foundation Training by Vital Advisory Vancouver, CA

Vital Advisory’s 2-day TechRisk Management Foundation training allows you to learn about key IT risk management concepts in a simple and pragmatic way. Although aimed at Foundational level, the course includes methods and insights which will reward experienced risk, assurance, and compliance professionals as well.

The course includes a Foundation Certificate exam.

Tech Risk Management Foundation Brochure - Download here

Learning Outcomes:

• Understanding the key concepts in TechRisk Management
• Introduction to opportunity and risk
• Understanding capabilities and processes needed to manage TechRisks effectively
• Preparing for the next level of TechRisk implementation or audit training

Who Should Attend:

Vital Advisory’s TechRisk Management Foundation training is designed to assist:

• Business leaders and executives
• IT executives and leaders
• Enterprise Risk professionals
• Internal Audit and compliance professionals
• InfoSec professional interested in expanding TechRisk knowledge (i.e., beyond cyber risks)
• Founders or Senior Leadership team of Technology Companies
• Anyone intending to pursue a career in TechRisk Management

Course Content:

1. What is TechRisk Management?

• Key concepts and Principles of Tech Risk Management

• How TechRisks differ from other types of Enterprise Risks, especially Cyber security Risks

• Challenges in managing technology and cyber security risks

• Drivers and benefits of managing Technology Risk effectively

• IT Risk Management Myth Busters

• Changing the narrative about and approach towards TechRisk Management

2. Why manage technology risks in a structured way?

• Understanding the business and its objectives in the context of Technology Risk Management

• Risk management and TechRisk management frameworks and approaches (including ISO 31000, COSO ERM, COBIT 2019, COBIT 5 for Risk, and ISO 27001)

• Emerging trends in Operational Resilience and Technology Risk Management

• Introduction to risk culture and understanding it’s importance whilst managing TechRisks

3. What does TechRisk Management involve?

• The role of Technology Risk Management in an organisation

• Expressing Technology Risk assessment and acceptance criteria in business terms

• Establishing effective risk governance – roles, responsibilities, and authorities (including 3LOD)

• Skills, knowledge, and competence requirements for Tech Risk Management

• The role and composition of a Technology Risk Management function

• Integration of Technology Risk Management with Enterprise Risk Management and Cyber security Risk Management

4. TechRisk Management Processes

• Introduction to risk management processes

• Identifying ‘key’ risk scenarios

• Assessing risks

• Evaluating and treating risks

• Assigning risk and control ownership

• Risk reporting and monitoring

5. TechRisk Management Foundation Exam

• 50-minute duration

• Closed book exam

• 50 multiple choice questions (MCQ)

• 60%+ score to pass

Training backed by experience

Our trainers have extensive experience in developing and delivering TechRisk Management capabilities with organisations of all sizes. They will facilitate interactive sessions during this training where participants are encouraged to discuss and explore their TechRisk management challenges and build potential solutions.

Tech Risk Management Foundation Brochure - Download here

Our Trainers:

Paras Shah

https://www.linkedin.com/in/vitaladvisoryparas/

Garry Barnes

https://www.linkedin.com/in/garrybarnes/

Jason Hellwege

https://www.linkedin.com/in/jasonhellwege/