Introduction

This Cybersecurity Risk Assessment and Management course is designed to equip you with the skills to conduct effective security risk assessments to protect your organization. This training covers the critical cybersecurity laws and regulations that mandate stringent security measures across all sectors. Participants will learn how to create a compliance assessment plan and apply a standards-based risk management strategy to maintain a robust cybersecurity posture. Basic familiarity with business operations and technology concepts is expected, though no advanced technical expertise is necessary.

Course Objectives:

• Utilize proven, standards-based methods for cybersecurity risk assessment and management of your organization’s digital assets.
• Select and implement cybersecurity controls that ensure adherence to applicable legal and regulatory frameworks.
• Extend cybersecurity measures to Industrial Control Systems (ICS) and cloud computing environments.

Course Outline:

Day 1: Introduction to Cybersecurity Risk Assessment and Management

• Ensuring compliance with cybersecurity regulations
• Protecting the organization from significant cybersecurity threats
• Explaining the Risk Management Framework (RMF)
• Employing NIST/ISO standards for cybersecurity risk management
• Defining System Security Requirements
• System Definition

• Mapping the cybersecurity boundary of the system
• Identifying connections between systems
• Including specific features of Industrial Control Systems (ICS) and cloud computing
• Identifying components of cybersecurity risk

• Assessing the impact of security breaches on confidentiality, integrity, and availability

• Applying appropriate models for cybersecurity risk categorization
• Laying the groundwork for effective cybersecurity risk management

• Documenting crucial risk assessment and management decisions in the System Security Plan (SSP)
• Appointing individuals to cybersecurity governance roles

Day 2: Choosing Effective Cybersecurity Controls

• Establishing a baseline for cybersecurity controls
• Exploring categories of cybersecurity controls

• Determining the control baseline based on the cybersecurity risk profile
• Tailoring the baseline to align with the system’s specifics

• Analyzing the structure of cybersecurity controls, enhancements, and parameters

• Associating control overlays with the established baseline
• Evaluating the requirement for advanced assurance
• Classifying system-specific, compensating, and non-applicable cybersecurity controls

Day 3: Reducing Cybersecurity Risks through Effective Control Implementation

• Outlining the approach for cybersecurity control implementation
• Increasing security effectiveness by integrating security from the design phase

• Reducing residual risks in legacy systems with additional security controls
• Developing a cybersecurity assessment plan

• Prioritizing the depth of cybersecurity control assessments

• Enhancing validation through strategic sequencing and integration
• Ensuring compliance through tests, interviews, and examinations
• Formulating a cybersecurity authorization recommendation

• Assessing the overall cybersecurity risk of the system

• Managing residual risks
• Documenting the Plan of Action and Milestones (POA&M), cybersecurity risk assessment, and recommendations

Day 4: Authorizing Cybersecurity Operations

• Aligning authority with responsibility

• Defining the organization’s tolerance for cybersecurity risks
• Prioritizing decision-making in high-risk situations
• Making informed decisions based on cybersecurity risk assessments

• Evaluating the operational impact of cybersecurity implementations

• Balancing residual risks with operational efficiency
• Issuing Authority to Operate (ATO) for cybersecurity measures

Day 5: Maintaining Ongoing Cybersecurity Compliance

• Justifying the need for continuous reauthorization based on cybersecurity standards

• Assessing the impact of changes on the cybersecurity posture of the system

• Implementing effective cybersecurity configuration management
• Performing periodic reassessments of cybersecurity controls
• Preserving a secure cybersecurity stance

• Delivering both initial and ongoing cybersecurity awareness training

• Collecting ongoing cybersecurity metrics
• Implementing processes for cybersecurity vulnerability management, incident response, and business continuity planning.