Unit 735: Cyber Security Risk Management

1. Introduction to Cyber Security Risk Management

• Importance of risk management in cybersecurity
• Key concepts: risk, threat, vulnerability, impact, likelihood
• Overview of the cyber security risk management process

2. Threats and Vulnerabilities in Cyber Security

• Types of cyber threats:
  • Malware (viruses, ransomware, worms)
  • Phishing and social engineering attacks
  • Insider threats (malicious and accidental)
  • Software vulnerabilities and zero-day exploits
• Understanding organizational vulnerabilities

3. Risk Assessment and Analysis

• Risk identification techniques
• Risk assessment methodologies:
  • Qualitative vs quantitative approaches
  • Common frameworks (NIST, ISO 27005)
• Risk prioritization and ranking
• Tools for risk assessment and analysis

4. Risk Mitigation Strategies

• Risk response options:
  • Risk avoidance
  • Risk reduction
  • Risk transfer (insurance, outsourcing)
  • Risk acceptance
• Implementation of security controls:
  • Preventive, detective, and corrective controls
  • Technical, administrative, and physical controls

5. Incident Response and Disaster Recovery

• Importance of incident response planning
• Components of an incident response plan:
  • Preparation, detection, containment, eradication, recovery, lessons learned
• Disaster recovery planning:
  • Backup strategies
  • Recovery time objectives (RTO) and recovery point objectives (RPO)
• Business continuity planning fundamentals

6. Compliance and Regulatory Requirements

• Overview of cyber security regulations:
  • GDPR, HIPAA, PCI DSS
  • Industry-specific compliance standards
• Ensuring organizational compliance
• Impact of non-compliance

7. Security Risk Monitoring and Reporting

• Continuous monitoring concepts
• Use of security information and event management (SIEM) tools
• Security analytics and threat intelligence
• Creating comprehensive risk reports for stakeholders

8. Security Awareness and Training

• Importance of security awareness programs
• Designing effective training modules
• Role of employees in cyber security
• Measuring training effectiveness

9. Emerging Trends in Cyber Security Risk Management

• Artificial intelligence and machine learning applications
• Cyber security challenges in cloud environments
• Risks associated with Internet of Things (IoT) devices
• Future outlook and evolving threat landscape

10. Security Controls and Technologies

• Firewalls, intrusion detection and prevention systems
• Encryption technologies
• Access control mechanisms
• Endpoint protection and network security tools

11. Business Continuity Planning

• Developing business continuity plans (BCP)
• Integration with disaster recovery and incident response
• Testing and updating BCPs
• Ensuring organizational resilience during cyber incidents