Mastering Concepts of Information security Risk Management

Course details

This course on information security risk management is designed to provide an in-depth understanding of the key concepts and best practices for identifying, assessing, and mitigating potential security threats to an organization's information assets. The course will cover topics such as threat assessment, vulnerability analysis, risk assessment, and risk mitigation.

You will learn about the different types of threats that organizations face, including external threats such as cyber attacks and natural disasters, as well as internal threats such as employee negligence or sabotage. You will also learn how to identify vulnerabilities in software, hardware, and organizational processes and procedures.

You will learn how to conduct risk assessments to evaluate the potential impact of identified threats and vulnerabilities on an organization's information assets. This includes determining the likelihood of a particular threat or vulnerability being exploited, as well as the potential impact on the organization if it were to occur.

The course will also cover various risk management frameworks such as NIST SP 800-30, ISO 27005, COBIT, and NIST Cybersecurity Framework, which provide guidance on best practices for identifying, assessing, and mitigating information security risks. By the end of the course, you will have a comprehensive understanding of information security risk management and how to apply these concepts in real-world situations.

This course is suitable for professionals working in the field of information security, IT, or related fields, as well as anyone interested in learning more about how to protect organizations from potential security threats.

This course is organized in 9 sections:

Section 1 gives an Introduction to the concept of Risk Management and you will learn below concepts:

1. Why to Manage Risk

2. Why Risk Management

3. Components of Risk management

Section 2 describes the Risk Management Terminologies, and and you will learn below concepts:

1. Importance of Risk Management Terminologies

2. What are Assets ?

3. What are Threats ?

4. What is Vulnerability ?

5. What is Impact and Likelihood

6. Risk Governance Vs Risk Management

7. What is Risk Tolerance

Section 3 discusses Risk Management Frameworks and you will learn below concepts:

1. Risk management on Higher level

2. What is Risk Management Framework ?

3. ISO/IEC31000, ISO 27005, NIST SP 800-37 and NIST SP 800-39

4. NIST (SP 800-37), Risk Management framework for Federal Information systems

Section 4 discusses Risk Management Process - 50,000 ft Overview and you will learn below concepts:

1. Part 1 - Frame or Setting up the Context

2. Part 2 - Assess the Risk

3. Part 3 - Respond to Risk

4. Part 4 - Monitor the Risk

Section 5 discusses about Risk Management Framework - part 01 Deep Dive and you will learn below concepts:

1. Scoping of Risks

2. Risk Management team and its efforts

3. Where to check if there are Existing Risks

Section 6 discusses about Risk Assessment - Part 02 Deep Dive and you will learn below concepts:

1. What is Threat Modelling

2. Threat Modelling Techniques

3. Risk Assessment Methodologies

4. Output : Risk Assessment Results

Section 7 discusses about Risk Mitigation - Part 03 Deep Dive and you will learn below concepts:

1. What is Risk Reduction or Mitigation

2. What is Risk Transfer

3. What is Risk Avoidance

4. What is Risk Acceptance

Section 8 discusses about Risk Monitoring - Part 04 Deep Dive and you will learn below concepts:

1. Why Risk Monitoring

2. What to do in Risk Monitoring phase

Section 9 : Bonus Section

1. Best Practices in Risk Management

2. Quiz