Of ever increasing importance to the financial services sector, cybercrime and cyber-enabled crimes are becoming one of the main categories of criminal act encountered in the sector. In fact, recent studies have shown that the economic impact of cybercrime is on the rise. Between 2013 and 2017 cybercrimes rose fivefold and by 2019 they might even quadruple.
The ever-increasing volumes of sensitive data held by businesses are at ever increasing risk of compromise. And, as is evident from several recent high profile cyber incidents, the reputational and business consequences of a security breach can be severe. Cyber security is now an issue for every boardroom and organisations ignore it at their peril.
The Chartered Institute for Securities Investment (CISI)’s Managing Cyber Security qualification has been developed by established international specialists and focuses, in non-technical terms, on explaining to the lay person how cybercrimes are carried out, the necessary control frameworks regulated firms need to implement and the relevant laws, regulations and best practice guidance to which they should adhere.
This course will provide participants with a basic knowledge of the threat of cybercrime. Upon completion of the course, participants will be able to evaluate cyber risks and develop effective security solutions to prevent, detect and mitigate cyber-attacks.
- The Background and Nature of Information Security Cybercrime
- The Legislative Environment
- The Public-Private Interface
- Cybercrime and the Financial Services Industry
- Combating Cybercrime
- Trends in Economic Crime Compliance
- Cyber threats: The nature of the current risk
- Mitigating the risks: practical steps to protect your organisation against cyber attack
- Responding to a cyber incident: what should you do if you are subject to an attack
Who should attend
The course is primarily intended for non-technical and managerial audiences and is suitable for professionals working within the financial services industry including Compliance officers and Money Laundering Reporting officers, those involved in operational risk management, audit or IT audit, regulation, law enforcement, trade and commerce and individuals from bi-lateral development institutions and civil society organisations.
Participants can choose to attend the course and will receive a certificate of attendance indicating successful participation indicating topics covered
About the Exam
For participants who choose to take the exam and get the CISI qualification they will need to also register for the exam with CISI.
Managing Cyber Security award is achieved by successfully passing a multiple-choice question exam. The exam consists of 50 multiple choice questions and lasts 1 hour.
Managing Cyber Security is regulated by Ofqual as a level 3 qualification on the Regulated Qualifications Framework (RQF). On the European Qualifications Framework, this equates to a level 4 qualification. As a stand-alone qualification it is recognised by Ofqual as the CISI Level 3 Award in Managing Cyber Security.
To review the full qualification syllabus please click here