**POSTPONED** Cybersecurity Oversight for the Boards (Masterclass)

Innovation

18
Nov 2020

18 November 2020

8:30 am - 5:00 pm

Securities Commission Malaysia

MYR 1500 *Fee is not inclusive of 6% SST

KINDLY TAKE NOTE THAT THIS EVENT HAS BEEN POSTPONED FOLLOWING THE RECENT OUTBREAK OF COVID-19. 

STAY TUNED FOR DETAILS OF NEW DATE AND VENUE.

In the wake of the number of devastating high-profile cyber incidents and its significant financial and legal implications, cyber security is no longer just solely an IT department’s responsibility but it’s also the Board. The Global Risks Report 2019 published by the World Economic Forum reaffirms the pressing and urgent need for Boards to prioritise this issue as cyber security is ranked as one of the top risks faced by businesses today.

To do so, Board members need to know the risks that could affect the future of the organisation and ask strategic and relevant questions on how well the organisation they oversee is prepared to face the new world of high-risk data breaches and realise continued success in these tumultuous times.

This masterclass will provide a non-technical overview on cybersecurity and recommendations that every Board members should consider to enhance the Board’s oversight performance and effectiveness for the organisation to be risk-proof, resilient and sustainable in today’s turbulent and ever changing environment.

Programme Objective
This programme aims to provide the latest and trending emerging risk management practices as well as how organisation improves their risk management oversight capabilities and the skill sets needed for the Boards in managing and strengthening the resilience and continuity of the business.

Learning Outcomes

By the end of this programme, participants will be able to:

  • describe why cybersecurity oversight should be high on the agenda of an effective Board
  • explain the latest cyber threats trends and the impact of cybersecurity breaches
  • describe the critical components of an effective Board driven by cybersecurity, data governance, privacy and protection
  • evaluate Board’s redefined role and responsibilities in performing their duties effectively in relations to cybersecurity oversight
  • appraise the quality and effectiveness of the organisation’s current cyber security ecosystem in meeting regulatory expectations and business sustainability

Competencies

Core – Risk Management (Level 4)
Core – Corporate Governance (Level 4)
Functional (Technical Skills) – Digital Technology Application (Level 3)

Target Audience

Institutions 

Board of Directors of stockbroking firms, fund management companies, investment and commercial banks, public listed and private companies.

8.30 am Registration
9.00 am Today’s Cyber Threats Landscape

  • Importance of cybersecurity oversight
  • Understanding the threat landscape
  • Uncovering the attackers’ drive and motivation
  • The cost and impact of cybersecurity breaches
10.30 am Coffee Break
10.45 am Vulnerabilities: Anatomy of Cyberattacks and Consequences

  • Vulnerability: Angles and focus areas
  • Cyberattacks: Emerging trends and the modus operandi
  • Consequences in dealing with cyber risks and threats
  • Preventive measures: What can be done before an attack
  • IoT Security: Case study on MIRAI botnet and how it became the largest malware attacking smart devices
12.30 pm Lunch Break
2.00 pm Leadership Role in Cybersecurity 

  • Cybersecurity risk management for the Board of Directors
  • Oversight on data governance, privacy and protection
  • Cyber economics: Balancing between KPIs and cyber security
  • How good is your cyber incident response plan
3.30 pm Coffee Break
3.45 pm Regulatory Expectations and Business Sustainability

  • Regulatory expectations and initiatives
  • New technology adoption: Cyber secure organisation ecosystem
  • Building resilience culture in people and systems
  • Digital trust: Stakeholder’s expectations
  • Cybersecurity program effectiveness: Industry standards and best practices
4.45 pm Q&A Session
5.00 pm End of Programme

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