Course description
Cyber Risk Supervision
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.
Upcoming start dates
Suitability - Who should attend?
Prerequisites
Participants are expected to have some experience in financial sector supervision but no particular background in information technology or cybersecurity. Access to a computer with a reliable internet connection and a Google Chrome web browser are essential.
Outcome / Qualification etc.
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
Course delivery details
This course is offered through The International Monetary Fund, a partner institute of EdX.
3-4 hours per week
Expenses
- Verified Track -$25
- Audit Track - Free