Introduction

In today’s technology-driven world, IT risks such as cyber threats, data breaches, and regulatory non-compliance pose significant challenges to organizations. A robust IT risk and control framework is essential to mitigate these risks, ensure operational continuity, and comply with global standards. This training course equips participants with the knowledge and tools to identify, assess, and manage IT risks while implementing effective control frameworks such as COBIT, ISO 27001, and NIST. Participants will learn to align IT governance with business objectives, ensuring resilience and compliance.

Course Objectives

By the end of this course, participants will be able to:

1. Understand IT risk management principles and methodologies.
2. Identify and assess IT risks across infrastructure, applications, and data.
3. Design and implement IT control frameworks aligned with business goals.
4. Leverage industry-leading standards such as COBIT, ISO 27001, and NIST.
5. Conduct IT audits and monitor the effectiveness of IT controls.
6. Address emerging challenges such as cloud computing risks, cybersecurity threats, and compliance requirements.

Who Should Attend?

This course is ideal for:

• IT auditors and cybersecurity professionals.
• Risk management and compliance officers.
• IT managers and governance professionals.
• Business leaders overseeing IT and operational risks.
• Consultants advising organizations on IT risk and control frameworks.
• Professionals in regulated industries such as finance, healthcare, and technology.

5-Day Training Outline

Day 1: Introduction to IT Risk Management

• Understanding IT Risks: Operational, Cyber, and Compliance Risks.
• The Importance of IT Risk Management in Modern Organizations.
• Overview of IT Risk and Control Frameworks: COBIT, ISO 27001, and NIST.
• Case Study: IT Risk Failures and Lessons Learned.

Day 2: Identifying and Assessing IT Risks

• Tools and Techniques for IT Risk Identification: Risk Registers and Mapping.
• Qualitative and Quantitative IT Risk Assessment Approaches.
• Evaluating Risks in Cloud Computing, AI, and IoT Environments.
• Workshop: Conducting a Risk Assessment for a Simulated IT Infrastructure.

Day 3: IT Control Frameworks and Standards

• Overview of IT Control Frameworks:
  • COBIT: Governance and Management of Enterprise IT.
  • ISO 27001: Information Security Management Systems.
  • NIST Cybersecurity Framework: Core, Implementation Tiers, and Profiles.
• Selecting the Right Framework for Your Organization.
• Practical Exercise: Mapping IT Risks to Controls Using COBIT and NIST.

Day 4: Implementing and Monitoring IT Controls

• Designing and Implementing IT Controls for Infrastructure, Applications, and Data.
• Automating IT Controls with Technology and Tools.
• Monitoring IT Controls Through Continuous Auditing and Analytics.
• Role-Playing Activity: Evaluating and Reporting on IT Controls for a Hypothetical Organization.

Day 5: Emerging Trends and IT Governance Best Practices

• Addressing Emerging IT Risks: Cybersecurity, Cloud Computing, and Data Privacy.
• Aligning IT Governance with Business Strategy and Objectives.
• Building a Risk-Aware IT Culture Across the Organization.
• Capstone Activity: Developing an IT Risk and Control Framework for a Case Study Organization.

Course Outcome

Participants will leave this training course with a comprehensive understanding of IT risk and control frameworks. They will gain practical skills to identify and assess IT risks, implement control frameworks, and enhance IT governance processes. This course prepares participants to protect their organizations against IT threats, ensure compliance with global standards, and align IT operations with strategic goals.