IT manager

Training Course: IT Risk Management


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IT234824

9 - 13 Jun 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5775 € Euro

Introduction

Risk management is the identification, assessment, and prioritization of risks followed by the coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.

This course is built around globally accepted standards such as ISO 31000:2009 and frameworks such as ISACA’s Risk IT, and NIST and OCTAVE guidelines for risk management.

Objectives

Upon completion of this course, participants will be able to:

  • Identify where and how to reduce known/unknown IT risks
  • Identify areas of cost-benefit optimization and thus reduce IT expenditure
  • Understand the ISO 31000:2009 standard and its applicability to the corporate environment
  • Understand risk assessment as addressed in BASEL II, ISO 20000, ISO 27001, ITIL, COSO, COBIT, BS 25999 and its relevance to IT
  • Understand the different IT Risk Assessment Standards, Models and Methodologies – NIST’s SP-800-30, and OCTAVE™, ISO 27005
  • Insights on the practical use of risk assessment and control evaluation techniques

Day 1:

  • Background:
  • Briefing on the Definition of Risk and Risk in the context of Information Technology
  • Discussion and recording: Known risk scenarios
  • IT Risk Management Initiative
  • Project Planning Requirements
  • Groundwork:
  • General Risk Scenarios
  • Understanding Business-specific, industry-specific, region/location-specific scenarios
  • Recording the scenarios

Day 2:

  • Management Buy-in
  • Degree of business dependence on information technology
  • Understanding and recording technology-specific risks
  • Tying in general risk scenarios with IT risks
  • Techniques of building a business case
  • Budgeting
  • Project Planning
  • Resource Identification and Allocation

Day 3:

Understanding the Concepts and Techniques

  • IT Risk Management Cycle
  • Technology and business drivers
  • Risk Terms – Asset, Threat, Threat Agent, Threat Event, Vulnerability, Countermeasure, Risk, Residual Risk
  • Risk Assessment Methodology
  • ISO 31000:2009 Overview

       IT Risk Assessment:

  • IT Process Selection
  • IT Component Selection
  • Approach Selection
  • Risk Discussion :
     
  • Risks from IT Strategy adopted
  • Risks from IT Processes and Plans
  • Risks from Networks and Systems
  • Risks from Business Applications
  • Risks from Internal Application
  • Risks from Devices – Security Implementation, Disaster Recovery, Business Continuity
  • Risks from Internal and External customers
  • Applying ISO 31000 and Risk IT for Risk Assessment
  • Challenges and Solutions
  • Case Study I

Day 4:

  • IT Risk Mitigation:
  • IT Risk Mitigation Options
  • IT Risk Mitigation Strategy
  • Controls’ Identification and Analysis
  • Cost Benefit Analysis
  • Calculating Residual Risk
  • Case Study II
  • Applying ISO 31000 and Risk IT for Risk Mitigation

Day 5:

  • Evaluation IT Risk Management Cycle:
  • Project Evaluation
  • Learning from Selection and Execution techniques
  • Integrating IT Risk Management with various frameworks and standards – BASEL II, ISO 20000, ITIL, COSO, COBIT, ISO 27001, BS 25999
  • IT Risk Management Cycle: A Revision

IT manager

Training Course: IT Risk Management


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

IT234824

9 - 13 Jun 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5775 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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