The aim of this course is to equip professionals in CySEC regulated investment firms with a thorough understanding of the European Banking Authority (EBA) Guidelines on ICT and security risk management, alongside the specific requirements set by the Cyprus Securities and Exchange Commission (CySEC). The course is designed to enhance participants' ability to identify, assess, and mitigate ICT and security risks effectively, ensuring compliance with regulatory standards and contributing to the financial stability and integrity of the Cypriot financial market.
In today's digital age, financial institutions face increasing ICT and security risks that can lead to significant financial losses, reputational damage, and regulatory penalties. For CySEC regulated entities, adhering to the EBA Guidelines and CySEC requirements is crucial for maintaining operational resilience and protecting stakeholders. This course addresses the pressing need for comprehensive training on ICT and security risk management tailored to the specific regulatory landscape of Cyprus, providing professionals with the knowledge and skills to manage risks effectively and ensure compliance.
Training Need
- The financial sector is increasingly reliant on technology, making it a prime target for cyberattacks.
- Financial institutions need robust cybersecurity measures to protect sensitive data, ensure operational resilience, and comply with evolving regulations.
Learning Outcomes
- Participants will gain a comprehensive understanding of the evolving cyber threat landscape facing financial institutions.
- They will learn about key regulations and guidelines, such as the EBA Guidelines on ICT and security risk management, and their implications for cybersecurity practices.
- Participants will become familiar with different cybersecurity controls, including preventative, detective, and corrective measures.
- They will understand the importance of business continuity planning (BCP) and incident response (IR) procedures in ensuring operational resilience.
