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Risk Management for Cybersecurity and IT Managers

The management's guide to understanding Risk Management decisions in cybersecurity and information technology (IT)!
Understand the foundations of Risk Management in the cybersecurity and information technology field
Be able to use qualitative risk measurement techniques when discussing networks and projects
Be able to use quantitative risk measurement techniques when discussing networks and projects
Discuss current events in the technology space in relation to risk management decisions

Have you ever wondered why your organization’s executives or your manager made a decision to fund or not fund your project?

In this course, you will get an inside look at how cybersecurity and information technology (IT) managers determine which projects they will support with funding and which they won’t based on a preliminary risk analysis. Over the past two decades, I have worked in the cybersecurity and information technology realm, fighting for my projects to become funded. Early in my career, I didn’t understand why certain projects would be funded and executed, while others wouldn’t. What I learned, is that it all came down to Risk Management by our executives and managers.

You will learn the terms used by executives and managers in discussing Risk Management, and how to apply the concepts of Risk Management to your networks, systems, and projects. This course is not an operational or tactical course that focuses on how you will secure your networks, but instead focuses on the mindset of managers and teaches you how to think like they do. Once you master these concepts, it is much easier to build your business case for your projects and justify your budgetary needs.

Throughout this course, we will discuss what comprises Risk (assets, threats, and vulnerabilities), providing numerous real world examples along the way. We will also cover Qualitative and Quantitative Risk Measurements, showing how you can calculate the risk of an uncertainty due to vulnerabilities and threats.

This course also includes two case studies of what happens when risk management fails, as demonstrated by the Amazon Web Services outage and Equifax data breach that both occurred in 2017. You will learn to better understand these scenarios, what caused the outage/breach, and why managers may have made the decisions they did that led up to them.

Introduction

1
Introduction

This video contains a short introduction from your instructor, Jason.

2
Download the Study Guide

This lesson includes the downloadable study guide as a resource for your offline studies and note taking.

What is Risk?

1
What is Risk?

In this lecture, we will discuss the three major components of risk: assets, vulnerabilities, and threats.

2
Types of Risk

In this lecture, you will learn the different types of risk that exist in the business world and in our IT networks.

3
Types of Threats

In this lesson, we will discuss the different types of threats that our networks and businesses face.

4
When Risk Management Fails

In this lecture, we will breakdown what happens when Risk Management fails by examining the Amazon Web Services outage from 2017 that took down nearly the entire East Coast region!

What Can You Do With Risk?

1
What can you do with Risk?

In this video, we will introduce the concepts of mitigating, transferring, avoiding, and accepting risk.

2
Risk Mitigation

In this video, we will dive deeper into the concept of Risk Mitigation.

3
Risk Transference

In this video, we will dive deeper into the concept of Risk Transference.

4
Risk Avoidance

In this video, we will dive deeper into the concept of Risk Avoidance.

5
Risk Acceptance

In this video, we will dive deeper into the concept of Risk Acceptance.

6
Risk Controls

In this video, we will discuss how risk controls are selected.

Calculating Risk

1
Calculating Risk

In this lesson, you will learn the different types of ways to calculate risk.

2
Qualitative Risk Measurement

In this video, we will discuss the qualitative risk measurement methods.

3
Quantitative Risk Measurement

In this video, we will discuss the quantitative risk measurement methods.

4
Case Study: Equifax Data Breach (July 2017)

In this video, we will discuss the Equifax data breach of July 2017, what led up to it, and the management decisions that could have prevented it.

Risk Management in the Real World

1
Risk Management in the Real World

In this short video, students will receive an introduction to this section of interviews with industry professionals in the Government, Defense, Commercial, and Health Care sectors and how they implement Risk Management in the Real World. 

2
Corey Charles - IT Manager (Vulnerability Management)

In this video, Jason interviews Mr. Corey Charles who works as an IT Manager in the Vulnerability Management space in the Government sector. Mr. Charles' organization spans across 6 states and thousands of users.

3
David Anderson - Health Care Industry

In this video, Jason interviews Mr. David Anderson, the Director of Information Security Operations for a major health care provider in the United States. His organization spans 46 hospitals across numerous states, and gives us a unique inside look at how decisions made decades ago can still affect the risk posture of our networks today. (The audio quality is not the greatest, unfortunately, as we had to record it over a phone line connection, but it is well worth listening to because the discussion he provides us is outstanding!)

4
Tu Laniyonu - Insider Threat

In this interview, we talk with Tu Laniyonu who works in the Government Sector as a digital forensic examiner working on cases of suspected insider threats.

Conclusion

1
Conclusion

In this video, we will provide a short conclusion and summary of the course.

2
BONUS: Where to go from here?

In this video, you will receive a special thank you message from Jason with tips on how to get the best price for ANY of our other courses on Udemy!

You can view and review the lecture materials indefinitely, like an on-demand channel.
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
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3 hours on-demand video
1 article
Full lifetime access
Access on mobile and TV
Certificate of Completion

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