Enhancing Boards Cyber Risk Oversight/ 23-Apr-2019 - 27-Apr-2019

Enhancing Boards Cyber Risk Oversight

Bankers Committee members pay $ 5,200.00 only


With the increasing digitalization of corporate asset, there has been a corresponding increase in the digitalisation of corporate risks. Consequently, financial institutions are confronted with cybersecurity risks more the ever before. Cyber risk is a serious enterprise-level risk that affects virtually all levels of an organisation’s operating activities. Several issues combine to make the nature of the risk formidable: its complexity and speed of evolution; the potential for significant financial, and reputational damage; and the realisation that total protection may be an unrealistic objective. With cyber attacks and data leakage growing in numbers and complexities, posing daily threats to financial institutions across the globe, the boards of these institutions are more than ever before challenged to improve their oversight of cybersecurity, with greater resilient, transparency and diligence. Cyber-attacks can damage an organisation’s reputation, threaten intellectual and physical property, impact market value, as well as erode stakeholders’ confidence and goodwill. Considering the adverse impact of this scourge on financial institutions, effective management of cyber risks becomes not only a business and strategic imperative, but also a critical aspect of the board oversight roles and responsibilities. Directors must continuously assess their capacity to address cybersecurity, both in terms of their own fiduciary responsibility, as well as their oversight of management activities. Ultimately, cybersecurity is a human issue. The board must bring its judgment to bear and provide effective guidance to management, by ensuring that the organisation’s cybersecurity strategy is appropriately defined and sufficiently resilient, given its strategic imperative and the reality of the business ecosystem in which it operates.

Target Participants

Chairmen of Boards, CEOs, Non-Executive and Executive Directors, Chief Information Security Officer (CISO), Chief Information Officers (CIO), and Chief Risk Officers of Banks and Other Financial Institutions.


Learn how technology used by banks influences the banks’ cybersecurity risk
Describe the regulatory environment for cybersecurity, including CBN requirements and financial regulatory guidance
Explain the cyber security responsibilities assigned to the board of directors
Identify risk stressors that affect the level of cyber risk
Review the key activities included in an effective cyber risk management program
Examine potential cybersecurity threats and risks facing financial institutions and how they can affect financial institutions
Formulate strategies to mitigate likely cybersecurity risk.
Evaluate the impact of key roles in providing effective oversight of cybersecurity
Develop actions steps for implementing a cybersecurity governance plan


Cyber Security: A Business and Board Room Priority
Assess The Cyber Risk Situation of a Financial Institution
Translate the Cyber Risk Assessment into Strategies
Review the Responsibilities of the Board and its Committees for Effective Oversight of Cyber Risks and the Implementation of a Cyber Risk Strategy
Diagnose the Collaboration Between the Board and Executive Management
Evaluate an Institution’s Cyber Risk Approach Continuously
Action Plans for Implementing a Cyber Security Governance
City Tour

For more information: Christie on 08035267788 or email: cochei@fitc-ng.com; Oluwalayomi on 08024776297 or email: ooshagbami@fitc-ng.com

Register Now

If you would like to attend this training programme, please fill the form below and we will contact you as soon as possible. You can also pay for courses online.

Our learning sessions are unique in 4 ways

  1. Programme design & delivery recognize the needs of adult learners in career
  2. Experience sharing by practitioners, with well over two decases of experience in areas relevant to course topic, whom we call "Programme Directors"
  3. Course delivery by practitioners based on conceptual research background
  4. The essence of our corproate brand and orientation within concept implementation thinking

The fees cover tuition, course materials, group lunch, tea/coffee and snacks but EXCLUDE accommodation.
Dress Code: Formal

Payment of Fees

Payment of fees should be in cash or CERTIFIED CHEQUE/BANK DRAFT made payable to the FITC before the commencement date or on arrival at the venue.

Refund of Fees

Fees paid for participants who do not turn up eventually would be refunded, subject to deduction of 25% administrative cost.


Formal lectures, case studies, participative group exercises and experience sharing.


The programme commences at 10.00a.m. on Monday, 9.00a.m other days and ends at 4.00p.m. daily.

In-plant Option

Do you intend to train more than 20 participants? Are you considering an in-plant option?
Please call us ☎

International Participants

International participants should please inform FITC of their attendance ahead of the programme, to enable us prepare airport pick-up for them.

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