IT Risk Mangement Training

June 8, 2009 - PRLog -- Risk Management

Organisations recognise the importance of risk management but are challenged by the difficulty to implement sound policies and practices in this area. This workshop will give you a good understanding of risk management. It will also give you a good grounding in the practical use of risk assessment and control evaluation techniques. Furthermore, methods and tools will be compared. You will understand that in view of the complexity and the importance of the issues, an adequate approach will help you to face the challenges.

Course Highlights

Every organization sets objectives. Every organization faces also threats, which could impact it severely, to the point of not realizing its objectives or destroying it. Realizing opportunities, while reducing threats to an acceptable level by the implementation of adequate controls, is a major challenge for every organization. The COSO report indicated risk management as a cornerstone of Corporate Governance. Every control framework is requiring the usage of Risk Management as a major approach to assess the importance of risks and enhancing the selection and implementation of adequate mitigating controls to mitigate the risk. The requirements of the Basel II capital accord, as well as the Sarbanes Oxley law, are even more emphasizing the importance of adequate understanding and implementation of Risk Management.

To enforce the learning experience, participants will be working on several adapted case studies, can share experiences and participate in discussions. A demo with a risk, control and incident management tool will show the practical usability of the training. Delegates will actively participate in:
•   Case Studies designed to help reinforce key concepts
•   The experience of the course tutor who is also a practicing consultant

Key Topics Covered
•   Operational risk management in the Basel II capital accord   •   Risk management in Sarbanes Oxley
•   How risk management can have a vital contribution to realise the organisations objectives.   •   Risk management as a cornerstone of IT governance
•   Risk management in different control frameworks   •   Risk management methodologies compared
•   Making the business case for risk management   •   Identify business requirements for controls
•   Vulnerabilities and controls   •   Roles and responsibilities
•   Risk monitoring and the risk scorecard   •   Risk reporting and acceptance
•   Risk analysis in the Systems Development Life Cycle   •   Incident management as a key to successful risk management
•   Information security implications   •   Audit implications
•   Practical tools compared   •   Successful implementations in different environments and countries
•   Case studies and an application demo to illustrate the above.
   
Who Should Attend
This course is suitable for risk and audit management, auditors, IT managers, information security professionals and other control specialists who have an interest and some experience in better managing IT risks.

Course Prerequisites
This workshop is intended for professionals who have an interest and some experience in better controlling information and information technology.

Registration                         
Course Fee
For registration, contact following details

M. Kamruzzaman,  
Mobile: +966567762508; Tel.: +966-1-466-1012;
Fax: +966-1-462-2199; Email: training@nexcons.com

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NexCons is promoted by a team who have immense business and academic experience. With Business touching to new horizon and management wishes to fly with wings for continual growth in this competitive global arena, NexCons was incorporated with a vision to cater to all 'Managed Services', 'Consulting', 'Compliance Management' 'Assurance', 'Advisory', 'Audit', and 'Training' requirements of an organization with view to partnering with them to ensure sustainably reaching to a new high.

Our Strength
NexCons has a motivated team with trained and experienced professionals. Our team of highly-skilled professionals has the knowledge and experience to help clients manage Business & technology risk and provide them with the information they need to meet their strategic and financial goals.