Cyber Risk Supervision (CRSx)
Source details
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- Cyber Risk Supervision (CRSx)
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Bibliographic details
- Session: OL 23.197
- Location: Course conducted online
- Dates: May 1, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed
Target audience and qualifications
- Targeted at financial sector supervisors who have no formal educational background in Information Technology or Cybersecurity.
- Participants are expected to have some experience in financial sector supervision but no particular background in information technology or cybersecurity.
- Access requirements: a computer with a reliable internet connection and a Google Chrome web browser are essential.
Course description
- Rationale:
- 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 essential concepts of cyber risk management, and acquire basic skills needed for effective regulation and supervision.
- Coverage:
- The course lays out the cyber risk landscape for financial institutions.
- Core principles of sound risk management based on the understanding of IT architectures.
- Approaches to regulations and effective supervisory practices.
- Development support:
- Course developed with the financial support of the Financial Sector Stability Fund (FSSF) and the Government of Japan.
Course objectives and learning outcomes
Upon completion of the 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.