Cyber Risk Supervision

Source details

Session No.: SA 25.02
Title: Cyber Risk Supervision (CRS)
Offered by the IMF's Monetary and Capital Markets Department as a training program.
Location: New Delhi, India
Date: January 20-24, 2025 (1 week)
Delivery Method: In-person Training
Primary Language: English
Status: Deadline passed
Target Audience: Financial sector supervisors and regulators with responsibilities that include cyber risk regulation and / or supervision at central banks and agencies charged with supervising financial institutions.
Qualifications: Participants are expected to have at least one-year of experience in general regulation and supervision of financial institutions.

Level: Introductory to intermediate training for non-specialist financial sector supervisors.
The course:
- Reviews recent trends in the technology adopted by supervised entities, the evolving threat landscape and their implications for cyber risk and financial stability.
- Outlines the key elements of cyber risk regulations.
- Discusses supervisory approaches and tools.
- Presents key cybersecurity concepts, covering governance, risk assessment, and information sharing, based on international standards and best practices.
Session format:
- Instructional sessions combined with interactive elements.
- Practical lessons and tips designed for use in daily supervisory activities.
- Group exercises, case studies, and information sharing discussions.

Understand the basics of information technology solutions used in financial institutions, the cyber threat landscape, key characteristics of cyber risk and its place in the enterprise-wide risk management framework.
Define and summarize the key components of cyber risk regulation and sound approaches to supervising cyber risk.
Understand the financial stability implications of cyber risk and have an insight on ways to enhance the cyber resilience of the financial sector.