The training on cybersecurity of financial institutions and digital banking is specifically tailored to equip professionals in the finance industry with the necessary knowledge and skills to protect sensitive data, prevent security breaches, and ensure the safety of digital transactions. The comprehensive 2-day program delivers essential knowledge to help banks and financial organizations secure critical assets and customer data against emerging cyber threats targeting the finance sector.
The training utilizes real-world case studies to provide participants with insights into previous bank breaches, including the drivers, exploits, impacts, and lessons learned. These case studies cover various scenarios such as phishing attacks, third-party risks, unpatched systems, insider threats, and more. By analyzing these real cases of breaches, participants gain a better understanding of potential threats and the importance of implementing robust cybersecurity practices. One of the key components of the training is the focus on ISO 27001, which is introduced as a vital tool to effectively mitigate cybersecurity risks. Participants learn about its relevance to the financial sector and digital banking, understanding how it establishes a systematic approach to information security management. The training delves into the key components of ISO 27001, including its 4 to 10 clauses that cover crucial aspects such as risk assessment, security policy, information security controls, and incident management. A significant portion of the training is dedicated to Annex A of ISO 27001, which outlines a comprehensive set of security controls that can be tailored to the specific needs of financial institutions and digital banking platforms. Participants learn about various control domains, including access control, cryptography, physical and environmental security, supplier relationships, and incident response. Case studies of successful ISO 27001 implementations in the financial industry are presented to highlight the effectiveness of this approach. Furthermore, the training covers best practices for securing applications to bolster cybersecurity in financial institutions and digital banking platforms. Participants gain insights into the software development lifecycle and the importance of implementing security measures at each stage. This includes code reviews, vulnerability assessments, and secure coding practices. The training emphasizes the significance of regularly updating and patching applications to mitigate emerging threats effectively.