Cybersecurity: Managing The Risks of Digitalisation

Facilitator: Christian Junior, Financial Times Top 100 BAME Leaders in UK Tech

In an era defined by rapid digital evolution, Businesses are at the forefront of embracing transformative technologies. As a key stakeholder in this dynamic landscape, your leadership isn’t just about navigating today’s challenges—it’s about anticipating the digital waves of tomorrow.

When

Choose your dates

Where

Online

About the Programme

The need to educate your workforce on
Digital Risk Management & Cybersecurity Essentials

Special Group Training

INTRODUCTION

In today’s interconnected world, the internet has revolutionized communication and commerce.

However, the pervasive presence of digital platforms has also given rise to various challenges, as malicious actors exploit online spaces. With over 5 billion people now connected online daily, businesses heavily rely on technology, making data security and risk management paramount.

As technology becomes increasingly embedded in our daily lives, from basic business operations to customer interactions, it’s crucial to understand and address the risks associated with digital platforms.

This programme aims to provide senior executives, C-Suite members, and decision-makers with insights into digital risks and effective strategies for managing them.

WHO SHOULD ATTEND
We have only 10 slots available on this programme tailored for a wide range of professionals, from any industry:
  • C-Suite Executives, Board of Directors, Senior Managers
  • Entrepreneurs and Business Leaders
  • Individuals interested in risk management strategies
  • Any Credit Union employee who handles members’ data
INTRODUCTION

In today’s interconnected world, the internet has revolutionized communication and commerce.

However, the pervasive presence of digital platforms has also given rise to various challenges, as malicious actors exploit online spaces. With over 5 billion people now connected online daily, businesses heavily rely on technology, making data security and risk management paramount.

As technology becomes increasingly embedded in our daily lives, from basic business operations to customer interactions, it’s crucial to understand and address the risks associated with digital platforms.

This programme aims to provide senior executives, C-Suite members, and decision-makers with insights into digital risks and effective strategies for managing them.

WHO SHOULD ATTEND
This course is tailored for a wide range of professionals, including:
  • C-Suite Executives, Board of Directors, Senior Managers
  • Entrepreneurs and Business Leaders
  • Individuals interested in risk management strategies
  • Any Credit Union employee who handles members’ data
PROGRAMME OBJECTIVES

This executive masterclass equips participants with comprehensive understanding of the risks inherent in digital platforms. It empowers attendees to make informed decisions and implement strategies to safeguard their organisations, data, and assets from cyber threats.

Attendees will receive invaluable insights from industry-leading professionals through lectures, workshops, hands-on sessions, and real-world case studies. By the end of the course, participants will have gained essential knowledge in four key areas:

  • Understanding Emerging Cybersecurity Threats
  • Exploration of digital threats affecting businesses
  • Implications of cyberattacks on organizations, employees, and customers
  • Why staying informed about cybersecurity matters
  • Understanding the ripple effects on reputation, operations, and customer trust
  • Creating a Robust Risk Management Regime
  • Policy Documentation and Risk Assessment
PROGRAMME OBJECTIVES

This executive masterclass equips participants with comprehensive understanding of the risks inherent in digital platforms. It empowers attendees to make informed decisions and implement strategies to safeguard their organisations, data, and assets from cyber threats.

Attendees will receive invaluable insights from industry-leading professionals through lectures, workshops, hands-on sessions, and real-world case studies. By the end of the course, participants will have gained essential knowledge in four key areas:

  • Understanding Emerging Cybersecurity Threats
  • Exploration of digital threats affecting businesses
  • Implications of cyberattacks on organizations, employees, and customers
  • Why staying informed about cybersecurity matters
  • Understanding the ripple effects on reputation, operations, and customer trust
  • Creating a Robust Risk Management Regime
  • Policy Documentation and Risk Assessment

Programme Outline

Part 1

Introduction to Digital Risks and Cybersecurity Fundamentals

Module 1: Understanding the Digital Landscape

Subject 1: Evolution of Digital Communication and Commerce

  • Tracing the evolution of digital communication and commerce.
  • Analyzing the impact on businesses and their reliance on technology.

Subject 2: Challenges in the Digital Era

  • Identifying challenges arising from the pervasive presence of digital platforms.
  • Recognizing the need for proactive cybersecurity measures.

 

Module 2: Cybersecurity Fundamentals

 

Subject 1: Core Concepts of Cybersecurity

  • Defining fundamental terms and concepts in cybersecurity.
  • Exploring the historical context and evolution of cybersecurity.

 

Subject 2: Threat Landscape Analysis

  • Assessing the current threat landscape.
  • Understanding the motivations behind cyber-attacks.

 

Subject 3: The Role of Leadership in Cybersecurity

  • Emphasizing leadership responsibilities in navigating digital challenges.
  • Anticipating future digital threats and fostering a proactive cybersecurity culture.

Part 2

Building a Comprehensive Cybersecurity Framework

Module 3: Digital Risk Identification and Threat Mitigation

Subject 1: Identifying and Categorizing Threats

  • Recognizing and categorizing the latest threats to digital platforms.
  • Case studies demonstrating the dynamic nature of cyber threats.

 

Subject 2: Threat Actor Analysis

  • Distinguishing various threat actors and their motivations.
  • Real-world examples illustrating tactics and motives of malicious actors.

 

Subject 3: Digital Automation Best Practices

  • Implementing secure digital automation practices, including onboarding, KYC, and account management.
  • Integrating efficient automated processes while maintaining security.

 

Module 4: Developing a Cybersecurity Framework

 

Subject 1: Risk Management Regime

Building a comprehensive risk management framework.
Formulating effective policies and procedures for mitigating cybersecurity risks.

 

Subject 2: Fundamentals of Risk Assessment

  • Exploring qualitative and quantitative methods of risk assessment.
  • Understanding the role of risk assessment in proactive cybersecurity.

 

Subject 3: Choosing and Implementing Risk Management Frameworks

  • Evaluating and selecting appropriate risk management frameworks.
  • Practical steps and considerations for implementing chosen frameworks.

 

Module 5: Policy Documentation and Risk Assessment

 

Subject 1: Developing Cybersecurity Policies

  • Creating comprehensive policy documents for cybersecurity.
  • Implementing policies for data protection and privacy.

 

Subject 2: Risk Assessment Methods

  • Qualitative and quantitative approaches to risk assessment.
  • Case studies demonstrating effective risk assessment.

Part 3

Advanced Topics in Digital Risk Management

Module 5: Human Capital Development in Cybersecurity

Subject 1: Addressing Business Email Compromise (BEC)

  • Recognizing the threat of BEC and its variations.
  • Strategies for preventing and responding to BEC incidents.

 

Subject 2: Organization-wide Training Policies

  • Developing and implementing effective training policies for the entire organization.
  • Case studies illustrating successful training programs and their impact.

 

Module 6: Regulatory Compliance and Emerging Technologies

 

Subject 1: Compliance-ready Policies and Procedures

  • Aligning cybersecurity policies with regulatory requirements.
  • Creating documentation compliant with cybersecurity regulations.

 

Subject 2: Cybersecurity in the Era of Emerging Technologies

  • Understanding the role of Chief Information Security Officer (CISO).
  • Addressing the impact of artificial intelligence, privacy, and ethics on cybersecurity.

 

Subject 3: Facial Recognition and Networked Surveillance Technologies

  • Examining the purposes and impact of facial recognition technologies.
  • Analyzing the ethical implications of global networked surveillance technologies.

 

Module 7: AI, Privacy & Ethics in Cybersecurity

 

Subject 1: Privacy, Ethics, and AI

  • Examining the intersection of privacy, ethics, and AI in cybersecurity.
  • Addressing ethical considerations in the use of AI.

 

Module 8: Practical Application and Integration

 

Subject 1: Applying Knowledge to Real-world Scenarios

Participants engage in a final project applying learned concepts to practical cybersecurity challenges.

Group discussions and feedback sessions.

 

Module 9: Governance, Risk, & Compliance (GRC) Integration

 

Subject 1: Integrating Risk Management into Governance

  • Understanding the seamless integration of risk management into organizational governance.
  • Leading the conversation on governance, risk, and compliance.

Reviews from Participants

Having traversed the intricate maze of digital risk, numerous business leaders have emerged empowered and enlightened from our Digital Risk Management Programme. Their transformative experiences and overwhelmingly positive feedback are a testament to the program’s unmatched value.

Cybersecurity Case Studies

Ariza Credit Union – Grenada (March 2024)

On March 24, 2024, Ariza Credit Union, one of Grenada’s largest financial cooperatives, experienced a significant cyberattack that disrupted its computerized systems. As a precautionary measure, all systems—including in-branch services, ATMs, online platforms, and Point of Sale operations—were taken offline for two days. This outage affected thousands of members who were unable to access their accounts or perform transactions during this period.

First Heritage Co-operative Credit Union (FHC) – Jamaica (April 2024)

In early April 2024, FHC experienced a cyberattack that disrupted its database, affecting access to certain information and causing delays in processing members’ financial requests. Personal data, including member contact details and transaction documents, may have been compromised.

City of Bridgetown Co-operative Credit Union (COB) – Barbados (February 2023)

In February 2023, COB faced a suspected cyberattack that disrupted several services. Clients were unable to use their cards at ATMs or for other services, and the COB app, along with other online banking services, was taken offline.

Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) – October 2024

In October 2024, BPWCCUL experienced a data breach involving its debit Mastercard services. The breach was linked to a third-party service provider, leading to unauthorized use of card information at an online merchant. The compromised data included card numbers, expiration dates, and CVC2 codes.

Several Caribbean regulators now explicitly require financial institutions to implement cybersecurity awareness and training programmes for all employees. This is not a recommendation—it is fast becoming a standard for regulatory compliance.

Central Bank of Trinidad and Tobago (CBTT)

The CBTT’s Cybersecurity Guidelines for Regulated Financial Institutions require that all licensed institutions implement cybersecurity awareness and training programmes. This ensures that employees at all levels are equipped to identify and respond to cyber threats appropriately.

Eastern Caribbean Central Bank (ECCB)

The ECCB is establishing the Eastern Caribbean Financial Standards Board (ECFSB), which will introduce binding cybersecurity and data protection standards for regulated entities, including credit unions. Among its objectives is ensuring that staff training and awareness programmes are implemented to address emerging consumer protection risks.

Bank of Jamaica (BOJ)

In its Guidance on Cyber Resilience for Financial Market Infrastructures, the BOJ outlines that institutions must ensure all staff—including management and technical teams—receive ongoing cybersecurity awareness training to support operational resilience and compliance.

Central Bank of The Bahamas (CBOB)

CBOB’s Technology Risk Management Guidelines specify that financial institutions must maintain an organisation-wide cybersecurity training programme, tailored to their risk profiles and regulatory obligations.

CARICOM – Cybersecurity and Cybercrime Action Plan (CCSCAP)

At the regional level, the CARICOM-endorsed Cyber Security and Cybercrime Action Plan calls on member states to enforce mandatory cybersecurity awareness across sectors, with special focus on financial institutions as high-risk targets.

Return on Investment

Here’s why our exclusive program with Christian Junior, the international cybersecurity strategist, is imperative for every modern CEO, C-Suite or Senior Management:

Improved Reputation

Good cybersecurity strategies can promote customer trust, enhance the reputation of a business and open up new commercial opportunities.

Improved Competitive Advantage

Gain competitive advantage by planning ahead for all possible scenarios to ensure your business can withstand or recover from any cyber attack. Good security can be an enabler for a thriving business: you will be protecting your assets, your reputation, your customers, and your peace of mind.

Reduced costs

The world lost $945bn to Cybercrime in 2020. Businesses can save money by adopting an efficient risk management “preventive” approach – plan, implement and review rather than a more expensive “reactive” approach in the aftermath of an attack.

Tailored to the Global Unique Landscape

While global insights are essential, understanding how they map onto our unique context is crucial. Our programme delves into both global and local cyber threats, ensuring you’re equipped to protect your enterprise on all fronts.

Comprehensive Approach

From identifying digital assets to understanding the ROI of risk management, our agenda ensures that you’re not just aware, but prepared and proactive in all areas of digital risk management.

Engage with an International Expert

Christian Junior brings a wealth of global knowledge and experience. Benefit from his insights tailored to the global context, ensuring your strategies are both globally informed and locally relevant.

Networking with Peers

Share experiences, concerns, and solutions with fellow CEOs and top-tier leaders. This event is a rare confluence of business leadership, offering invaluable networking opportunities.

Governance, Risk, & Compliance (GRC)

Seamlessly weave risk management into your governance fabric. The stakes have never been higher. Ensure that you, as a modern CEO, are not just part of the conversation but leading it.

Interactive Q&A

Address your unique concerns, gain clarity on pressing issues, and receive direct guidance from one of the world’s leading experts.

Special Group Training

Programme Details

Dates & Times:

Choose Your Dates>>

Programme Fees:

$3,485

Unlimited Participants, 1 Day Training

Here’s what you get:

Train all participants for one fixed fee (no per-head charges)

  • Choose your own dates and times – flexible delivery 
  • Industry-leading content from the Cybersecurity Digital Risk Management  (see attached)
  • Delivered live, online by certified and experienced international experts with deep credit union experience.
  • Join 100+ credit unions and 1,000+ professionals who’ve trained with Rhics
  • Access to training recording to share with new/absent employees.

REGISTER YOUR CREDIT UNION

We have proudly worked with

Bitmap
Bitmap (1)
Group of 2 Objects (3)
Layer 0
Group of 2 Objects
Bitmap (3)
Bitmap (20)
Bitmap (19)
Goblue Logo
Bitmap (18)
Bitmap (22)
Bitmap (21)
Group of 2 Objects (2)
Bitmap (24)
Bitmap (26)
Tersus logo
Bitmap (5)
Bitmap (10)
Bitmap (7)
Bitmap (6)
Emolyne Logo
Bitmap (13)
Bitmap (12)
Bitmap (11)
Bitmap (15)