Risk Assessment Frameworks and Models

Categories: Chartered
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About Course

This module introduces learners to the essential frameworks and models used in cybersecurity risk assessment. It explores industry-standard methodologies for identifying, analyzing, and evaluating cybersecurity risks across various digital environments. Learners will gain practical knowledge on applying frameworks such as NIST RMF, ISO/IEC 27005, and FAIR to ensure structured and repeatable risk assessment processes. By the end of this module, learners will be equipped to select and implement appropriate frameworks to support effective cybersecurity risk management in their organizations.

What Will You Learn?

  • Comprehensive overview of key risk assessment frameworks: ISO 31000, NIST SP 800-30, and FAIR
  • Step-by-step guidance on implementing these frameworks in practical, real-world cybersecurity scenarios
  • Comparative analysis highlighting the strengths, weaknesses, and appropriate use cases for each framework
  • How to align selected risk assessment frameworks with organizational governance structures and compliance requirements

Course Content

Introduction to Cybersecurity Risk Assessment

  • Understanding the purpose and importance of risk assessments in cybersecurity
  • Key components of risk: threat, vulnerability, impact, and likelihood
  • Overview of qualitative vs. quantitative risk assessment approaches

Key Risk Assessment Frameworks and Standards

Risk Modeling and Application

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