Demystifying Digital Risk Management for Senior Management

Draft Training outline

Topic

  1. Definition of digital strategy/risk
  2. Sources of digital risk
  3. Types of risks emerging out of digital transformation

1. Why Digital Risk is Important & Impact areas of Digital Risk

  • Business Process & Controls
  • Information Security & Cyber Risk
  • Fraud Risk Management
  • BCP / DR
  • Compliance & Data Privacy
  • Third party risk
  • Customer experience/protection

2. Digital Risk Measurement

  • Digital Risk Measurement

3. Controls & Mitigation mechanisms
4. Data, Analytics & Technology requirements
5. Challenges faced during Digital Journey
6. Case Study – how advanced banks have handled these challenges

Demystifying Digital Risk Management for Middle Management

Draft Training outline

Topic

  1. Definition of digital risk
  2. Sources of digital risk
  3. Types of risks emerging out of digital transformation

1. Why Digital Risk is Important & Impact areas of Digital Risk

  • Business Process & Controls
  • Information Security & Cyber Risk
  • Fraud Risk Management
  1. BCP / DR
  2. Compliance & Data Privacy
  3. Third party risk
  4. Customer experience

1. Digital Risk Measurement

  • Mechanism to measure Digital Risk

1. Data, Analytics & Technology requirements
2. Challenges faced during Digital Journey
3. Case Study – how advanced banks have handled these challenges

Demystifying Digital Risk Management for Beginners

Draft Training outline

Topic

  1. Definition of Digital
  2. Emerging technologies
  3. Definition of digital risk
  4. Types of risks emerging out of digital transformation

1. Why Digital Risk is Important & Impact areas of Digital Risk

  • Business Process & Controls
  • Information Security & Cyber Risk
  1. Fraud Risk Management
  2. BCP / DR
  3. Compliance & Data Privacy
  4. Third party risk
  5. Customer experience
  1. Impact & Likelihood
  2. Scenarios
  3. Measurement Models
  •  Data, Analytics & Technology requirements
  •  Case Study – how advanced banks have handled these challenges
  •  Evaluation Test