Course Details

Security Risk Assessment and Control Mapping Training Course

INTRODUCTION

This essential training course provides comprehensive knowledge and practical skills for mastering Security Risk Assessment and Control Mapping. In today's dynamic threat landscape, effectively identifying, analyzing, and mitigating cybersecurity risks is paramount for protecting organizational assets and ensuring business continuity. This program equips participants with a systematic understanding of various risk assessment methodologies, how to prioritize identified risks, and the crucial process of mapping those risks to appropriate security controls from established frameworks. Participants will gain deep insights into conducting thorough risk analyses, quantifying potential impacts, selecting optimal control strategies, and demonstrating due diligence, all crucial for making informed security investment decisions and building a resilient defense against cyber threats.

Security Risk Assessment and Control Mapping Training Course is designed for IT security professionals, risk managers, compliance officers, and auditors who are responsible for identifying, assessing, and managing cybersecurity risks within their organizations. It moves beyond theoretical concepts to empower participants with the practical tools and strategic frameworks necessary to perform robust risk assessments, align security controls with business objectives, and communicate residual risks effectively to stakeholders, thereby enhancing overall security posture and enabling smarter resource allocation.

DURATION

10 days

TARGET AUDIENCE

This course is specifically designed for professionals responsible for identifying, assessing, and managing cybersecurity risks and controls within their organizations, including:

• Information Security Analysts and Managers.
• Risk Management Professionals.
• Compliance Officers.
• IT Auditors.
• Security Architects and Engineers.

OBJECTIVES

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

• Understand the fundamental concepts of information security risk management.
• Master various risk assessment methodologies (qualitative and quantitative).
• Effectively identify, analyze, and prioritize cybersecurity risks.
• Map identified risks to appropriate security controls from various frameworks.
• Develop a plan for implementing and monitoring security controls to mitigate risks.

MODULES

Module 1: Foundations of Information Security Risk Management

• Define Information Security Risk and its components (Threat, Vulnerability, Asset, Impact, Likelihood).
• Understand the principles of risk management (e.g., continuous process, risk appetite, risk tolerance).
• Discuss the benefits of systematic risk assessment for an organization.
• Explore the relationship between risk management and overall security strategy.
• Examine common risk management frameworks (e.g., ISO 27005, NIST SP 800-30).

Module 2: Risk Assessment Methodologies - Qualitative Approaches

• Understand the purpose and application of qualitative risk assessment.
• Discuss methodologies like scenario-based risk assessment and risk matrices.
• Explore techniques for identifying and valuing information assets.
• Examine methods for identifying threats and vulnerabilities relevant to the organization.
• Learn about estimating likelihood and impact using qualitative scales.

Module 3: Risk Assessment Methodologies - Quantitative Approaches

• Understand the purpose and application of quantitative risk assessment.
• Discuss metrics for Annualized Loss Expectancy (ALE).
• Explore methods for estimating Single Loss Expectancy (SLE) and Annualized Rate of Occurrence (ARO).
• Examine the use of data points and probability in quantitative analysis.
• Learn about tools and techniques for performing quantitative risk calculations.

Module 4: Risk Identification and Analysis Techniques

• Master techniques for identifying risks (e.g., brainstorming, checklists, past incident review, threat intelligence).
• Discuss the process of analyzing identified risks to understand their potential impact.
• Explore methodologies for prioritizing risks based on severity and likelihood.
• Examine the importance of contextualizing risks within the organization's business environment.
• Learn about documenting risk findings and creating a risk register.

Module 5: Security Control Frameworks and Standards

• Understand various security control frameworks and standards (e.g., ISO 27002, NIST SP 800-53, CIS Controls).
• Discuss the structure and purpose of each framework.
• Explore how these frameworks provide a comprehensive set of security controls.
• Examine the concept of control objectives and control families.
• Learn about aligning different frameworks to meet specific organizational needs.

Module 6: Control Mapping and Selection

• Understand the process of mapping identified risks to specific security controls from chosen frameworks.
• Discuss methodologies for selecting appropriate controls based on risk treatment decisions.
• Explore the concept of control effectiveness and how to measure it.
• Examine the balance between cost, complexity, and security benefit in control selection.
• Learn about documenting control implementation and justifications.

Module 7: Risk Treatment and Residual Risk

• Define various risk treatment strategies (e.g., mitigate, transfer, accept, avoid).
• Understand how implementing controls reduces risk.
• Discuss the concept of residual risk and its implications.
• Explore methods for communicating residual risk to stakeholders and management.
• Examine the continuous nature of risk treatment and control optimization.

Module 8: Monitoring, Reporting, and Continuous Improvement

• Understand the importance of ongoing risk monitoring.
• Discuss establishing metrics for tracking risk posture and control effectiveness.
• Explore techniques for reporting risk status and control compliance to management and the Board.
• Examine the process of reviewing and updating risk assessments periodically.
• Learn about integrating risk assessment and control mapping into the organization's governance and continuous improvement processes.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com