ERM Training & Certification in Chennai, India | ERM Course Training

Information Security Risk Management (ISO/IEC 27005)

  • About ERM Course
  • IS Lab Access
  • Prerequisites
  • Topics
  • FEE AND DELIVERABLES

ERM

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Enterprise Risk Management (ERM) is defined by the Committee of Sponsoring Organizations (COSO) as "a process, effected by an entity's board of directors, management and other personnel, applied in strategy-setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives."

ERM can also be described as a risk-based approach to managing an enterprise, integrating concepts of internal control, the Sarbanes–Oxley Act, and strategic planning.

The COSO ERM Framework has eight Components and four objectives categories. It is an expansion of the COSO Internal Control-Integrated Framework published in 1992 and amended in 1994. The eight components - additional components highlighted - are:

  • Authority and pledge to the ERM
  • RISK Management policy
  • Mixer of ERM in the institution
  • Risk Assessment
  • Risk Response
  • communication and reporting
  • Information and Communication
  • Monitoring

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For Queries, Contact - 044-4011 4040

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ERM aims to measure an institution's achievement of four primary objectives:

  1. Strategic - High level goals that are aligned with and support the institution's mission
  2. Operational - Ongoing management process and daily activities of the organization
  3. Financial Reporting- Protection of institution's assets and quality of financial reporting
  4. Compliance - The institution's adherence to applicable laws and regulations

Benefits of ERM

  • An understanding of the current conditions in which the organization operates on an internal, external and risk management context.
  • This framework helps you improve your leadership, and execute the leadership strategy. 
  • The calibration and, if possible, creation of probability distributions of outcomes for each material risk.
  • The aggregation of all risk distributions, reflecting correlations and portfolio effects, and the formulation of the results in terms of impact on the organization’s key performance metrics.
  • The determination of the contribution of each risk to the aggregate risk profile, and appropriate prioritization.
  • The development of strategies for controlling and exploiting the various risks.
  • The continual measurement and monitoring of the risk environment and the performance of the risk management strategies.

About Trainer

All our consultants are senior professional with tremendous exposure to Information Security and Governance Risk & Compliance. With over a decade of experience in training & consulting, they help bring a lot of practical and industry relevant examples with case studies to the classroom which improves the overall learning experience. Our professional hold industry acclaimed accreditation such as : Phd , M.S , CISSP, CHFI, CISA, CISM, CEH, ISO 27001 LI / LA, CCNP, CWNA , MCSE & ITIL.

 

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Uninterrupted Dedicated Server
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Work From Home
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Learn With Fun

infySEC IS Lab is an extreme Online Virtual Remote Lab provided to participants where they can work from any place at any point of time without restriction. ISLab provides login privilege to Certified Ethical Cracker participants where they can work in our Virtual Remote Server and start doing their Labs.

Our ISLab was created in such a concept called “Learn with Fun” where each participant will face gaming-like structured online hacking program called 'Live Hacking Zone' which contains many Levels relevant to the topics covered on the program. Each participant has to cross levels to face CEC exam, Hence CEc will only deliver equipped candidates. Participant have to cross multiple Levels starting with easy to toughest level. Each participant can track other participants activity live which helps each participants to get involved into Live Hacking Zone competition, Prepare to be SHOCKED, ENTERTAINED and EDUCATED all at the same time.

 

Prerequisites

  • Should know how to use Web Browsers
  • Basic HTML Familiarity
  • Basic networking will be helpful

 

Who Should Attend

  • CEO
  • CFO
  • CIO
  • CTO
  • CISO
  • Finance manager
  • Finance controller
  • IT manager
  • IT Head
  • IT auditor
  • IT Service provider
  • Process Associate
  • Process manager
  • Quality assurance Professional
  • Risk and Compliance Professional
  • Business Analyst
  • Internal and External Management Team
  • Sarbanes-Oxley Implementation Team
  • COBIT Implementation team

The content of infySEC syllabuses is regularly updated to ensure that it remains relevant and reflects the latest thinking in par with the scenario of current technology . However, as part of the latest review, the documents themselves have been given a fresh design.

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FLOW OF ERM COURSE

ERM Topics:

 

S.No TOPICS
1 History and Introduction to Risk and Control
2 Risk assessment, Analysis & Evalution
3 Control Models (COSO and CoCo)
4 Using COSO to Evaluate Internal Control
5 Understanding Control Self-Assessment
6 Control Self-Assessment Basics
7 Effective Methods for Identifying Risks
8 Examining, Evaluating, and Reporting on Management’s ERM Processes
9 Measuring Business Risk - Quantitatively and Qualitatively
10 The Internal Audit Role in Enterprise Risk Management
11 Risk Monitoring
12 Business continuity Planning