Training Program

Mid- level to Senior level officials from the central bank, financial sector regulators and supervisory agencies. Preference will be given to those directly working on framing and strengthening cyber risk regulation and / or supervising ICT / cyber risks of banks/FMIs and other financial sector entities.

Participants are expected to have at least one-year of experience in general regulation and supervision of financial institutions. It is strongly recommended that applicants first complete the Cyber Risk Supervision Online Course (selected participants will be provided with the login information four weeks prior to the course).

This course, presented by the IMF's Monetary and Capital Markets Department, provides an introductory to intermediate level of training on cyber risk regulation and supervision to non-specialist financial sector supervisors. The course: (i) reviews recent trends in the technology adopted by supervised entities, the evolving threat landscape and their implications for cyber risk and financial stability; (ii) outlines the key elements of cyber risk regulations; (iii) discusses supervisory approaches and tools; and (iv) presents key cybersecurity concepts, covering governance, risk assessment, incident reporting, and information sharing, based on international standards and best practices. Sessions will focus on providing practical lessons and tips that can be used by regulators and supervisors, as part of their daily supervisory activities. The sessions will be instructional, as well as interactive, through group exercises, case studies and information sharing discussions.