Cyber Risk for Risk and Business Leaders
This two-day Cyber Risk Masterclass is designed to empower organisational leaders, risk professionals, and technical managers with the foundational and strategic knowledge to effectively lead, manage, and respond to cybersecurity risks in a rapidly evolving threat landscape. The course integrates critical elements of cyber incident response, leadership roles in cybersecurity, strategy formulation, and the practical use of cyber intelligence, all contextualised for the South African and global regulatory landscape.
Course outcomes:
To understand the fundamental principles and concepts of risk analytics
To analyze and interpret big data for risk assessment and decision-making, to design and implement automated controls for real-time risk detection
To evaluate organizational risk and performance using advanced techniques
To develop effective risk reports and communicate insights to stakeholders
To align risk management strategies with organizational risk appetite and tolerance levels
To apply practical tools and technologies in real-world risk analytics scenarios.
What will you Benefit?
- Master the development and implementation of comprehensive risk appetite frameworks.
- Gain skills in calculating and aggregating risk appetite across complex organizations.
- Learn to integrate risk appetite into strategic decision-making processes.
- Enhance the ability to optimize opportunities and increase risk-taking capacity.
- Access real-world case studies and practical tools for framework implementation.
- Benefit from expert insights and best practices in risk appetite management.
Day 1 – How to approach risk appetite
Module 1: Introduction to Risk Appetite Frameworks
- Defining Risk Appetite: Concepts and Scope
- Importance of Risk Appetite in Risk Management
- Key Components of a Risk Appetite Framework
Module 2: Calculation of Risk Appetite
- Quantitative and Qualitative Methods for Assessing Risk Appetite
- Key Metrics and Thresholds for Risk Capacity
- Case Study: Real-world Applications of Risk Appetite Calculation
Module 3: Aggregation of Risk Appetite Bottom-Up
- Collecting and Analyzing Risk Data Across Organizational Units
- Bottom-up Approach to Aggregating Risk Tolerance Levels
- Ensuring Consistency in Risk Appetite Across the Organization
Module 4: Aligning Risk Appetite with Strategic Decision-Making Processes
- Integrating Risk Appetite into Corporate Strategy
- Balancing Risk and Opportunity in Strategic Planning
- Tools and Frameworks for Embedding Risk Appetite in Decision-Making
Day 2 – Application and Optimizatyion
Module 5: Optimizing Opportunities Through Risk Appetite
- Using Risk Appetite to Increase Risk-Taking Capacity
- Strategies for Leveraging Risk Appetite to Optimize Opportunities
- Examples of Risk Appetite Driving Strategic Growth
Module 6: Monitoring and Adjusting the Risk Appetite Framework
- Continuous Monitoring of Risk Appetite Metrics
- Adjusting Risk Appetite to Reflect Changing Business Environments
- Reporting and Communicating Changes in Risk Appetite
Module 7: Practical Applications and Case Studies
- Case Studies on Successful Implementation of Risk Appetite Frameworks
- Hands-on Projects Using Risk Appetite Calculation Tools
- Guest Lectures from Industry Leaders in Risk Management
Who should Attend?
- Executive and non-executive directors
- Chief Risk Officers and Risk Managers
- Heads of IT, Security, and Compliance
- Legal, Audit, and Governance professional
- Internal Auditors
Subscription price – R2 880 per person.
Normal price – R3 880 per person.
Group discounts apply for 3+ people from the same organization.
This course only R1750 per person.
Subscription price – R1000 per person – Unlimited access to our online courses.
Format: – Zoom, Teams, Google meet
Subscription fee of R1 000 gives access to all online learning in a calendar year and access to our Shaping Future Leaders sessions (minimum of 60 hours of online training) and minimum 10 Shaping Future Leaders sessions.
All sessions are hosted by professional specialists with at least 30 years’ experience in the GRC, ESG and AI space.
Unlimited access to the Centre of Excellence.
Delegates should review the content and levels of the course they are registering for to ensure suitability and that they are registering for the correct course. Payment: Full payment must be received 7 working days prior to the course.
Cancellations must be submitted in writing to admin@nsa.edu.za no later than 7 working days before the start of the training.
- A cancellation fee of R700.00 will apply for any cancellations received after this period.
- If a cancellation is received 3 working days or less before the training, the full invoice amount will be payable.
- Proof of payment must be emailed to admin@nsa.edu.za.za before the training date.
- Substitutions may be made at no additional cost.
Delegates will be personally liable for the payment of the full registration fee in the event of non-attendance or failure to cancel in writing prior to the deadline of 7 working days. Unless the registration was completed after the stated timeframe, the delegate must make prior arrangements with NSA.
NSA reserves the right to postpone, reschedule, or cancel any service due to insufficient enrolments or unforeseen circumstances. In such cases, a full refund or option to reschedule will be offered. NSA endeavours to host the specified training on the date as advertised. However, if unforeseen circumstances arise or due to extenuating circumstances out of our control, NSA reserves the right to cancel the training. NSA does not store credit card details, nor do we share customer details with any 3rd parties. NSA reserves the right to make changes to the training program and to refuse any booking.
No delegate will be permitted to attend the training without the following:
- A signed and approved Purchase Order,
- Proof of payment, or
- A Commitment Letter on the company’s official letterhead, acknowledging the invoice and confirming the payment date. This letter must be signed by a Finance, Procurement, or authorised official responsible for final payment approvals.
All payments must be received before the training starts and no later than 7 working days prior to commencement. In the case of late registrations, special arrangements must be made with the relevant NSA representatives.
Dietary Requirements: (This only applicable to In-Person Attendance) – Dietary requirements received 3 days prior to the commencement of training can be accommodated.