Details
Start:
Apr 13, 2020
End:
Apr 17, 2020
Course Number:
ST20.10
Application Deadline:
Invitation
Cyber Risk On-Site Examination (CRE)
Target Audience
Cyber Risk On-Site Examination
Qualifications
Cyber Risk On-Site Examination
Course Description
This course, presented by the Monetary and Capital Markets Department and PFTAC, explains the key elements of cyber risk and cyber risk management; the components of good practice cyber risk regulations; and how to undertake an assessment of the risk on-site at supervised financial institutions. The course also covers effective on-site examination structure and procedure and provides an overview of general financial sector IT risk concepts. Case studies and hands-on exercises are provided to enhance the effectiveness of the course. Participants are expected to share their own experiences and views on the assessment of cyber risk and on-site examination in general.
Course Objectives
Upon completion of this course, participants should be able to:
- Identify key elements of cyber risk that need to be assessed during an on-site examination, and the associated expected management and control framework.
- Identify the components of good practice cyber risk regulations.
- Develop a cyber risk on-site examination scope, timeline, and plan.
- Prepare a cyber risk on-site examination “pre-exam” information request.
- Participate in a cyber risk on-site examination of a supervised institution (with guidance from experienced cyber risk examiners).
Note: This course is to be followed by on-the-job training during actual cyber risk on-site examinations of supervised institutions in PFTAC member countries, with further assistance from the Monetary and Capital Markets Department and PFTAC.
