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Indian Institute of Management Bangalore

Cyber Security and Risk Management Orientation for Senior Leaders Category Name


Venue : IIMB Campus
Last date for registration: 29 Dec, 2023
Start Date : 08 Jan, 2024
End Date : 10 Jan, 2024
Early Bird Discount Date : 18 Dec, 2023
Residential Fee(excluding GST) :  Rs. 1,05,000
Residential Early Bird Fee(excluding GST) :  Rs. 94,500
Non-Residential Fee(excluding GST) :  Rs. 90,000
Non-residential Early Bird Fee(excluding GST) :   Rs. 81,000

Programme Overview
With organizational boundaries being porous, fungible and extendable as resourcing models extend to encompass the gig-economy, the threat surface and cyber security threat vectors are ever increasing and becoming an organizational blind spot. Threat actors and their motivations are also a mosaic that is many a times hard to anticipate and interpret. Thus, Cybersecurity and attendant risk management issues are becoming a vexing problem that demand CXO ownership and Board oversight.

According to estimates, the Cybersecurity market in India is expected to grow from USD 1.97 billion in 2019 to USD 3.05 billion by 2022, at a compound annual growth rate (CAGR) of 15.6%—almost one and a half times the global rate.

Cybersecurity is no longer a technology-specific activity nor the responsibility of a single central function to identify and mitigate known and unknown issues proactively or reactively. It is a collective responsibility of all stakeholders and users with clear accountability and roles.

India’s growth trajectory and the growing influence of Indian enterprises globally, makes it an attractive target for cyber criminals. While earlier instances of cyberattacks were largely for monetary gain, reasons for attacks now also include reputational damage and power play, further compounded by state actors.

Stakeholders expect the Board’s responsibility, accountability, and oversight on potential Cyber and Privacy risk by having robust governance, policies and systems to ensure organizational assets safeguarded at all time through its lifecycle.

Content
The program aims to provide a platform to understand Board and Executive leadership’s approach to cybersecurity and risk management. It is intended to better educate board members and provide discussion starters for them to evaluate cyber risks and prioritize cybersecurity as a part of the company’s DNA.

The program highlights cybersecurity threats, the systems and controls that could detect and mitigate such threats, and the oversight role the board should play from a governance perspective.

The programme will provide an overview of the cybersecurity landscape, lessons learned from recent breaches, an executive perspective on cyber risk, regulatory expectations and leading practices for Board oversight.

Who Should Attend
The program is intended for board members of companies as well as potential board members who are senior leaders and senior managers responsible for cybersecurity and risk management in their organisations such as CISO/IT Security Director/ Cybersecurity Director, Chief Risk Officer (CRO)/ Enterprise Risk Officer, Governance/ Compliance Director, Business Continuity Manager, IT Operations Director, etc.,

Programme Directors

Dr. S Raghunath has been Professor of Strategy Area at Indian Institute of Management Bangalore. He has research and published papers and case studies on the role of Corporate Boards and the contribution of Directors. He has been involved in researching Board Practices pertaining to Cyber Security and Risk Management. He is also the Chairperson for the Centre for Corporate Governance and Citizenship at IIM Bangalore.

Dr. Raghunath was the Global Director of the International Masters Programme for Practising Managers (IMPM) in 2010-2011 and has coached many top managers of Indian as well as multinational companies. For 24 years he has been offering professional services to a number of entities such as Agriculture Finance Corporation, Union Bank, Canara Bank, State Bank of India, Vysya Bank, General Electric, General Motors, IBM, Essar, HP, Metro Cash & Carry, Wipro, SAIL, Tata Steel, Volvo and Ashok Leyland.

Dr. Raghunath is the India Chapter Chair of the Academy of International Business. He is on the board of directors of MECL, KIOCL, Scientrix Asia, K Two Technologies, Spire Technologies, Weir India, the National Venture Capital Fund, Vijaya Bank and Canara Bank. He is a Registered Consultant with the office of project services, UNDP, New York.

He teaches post-graduate and doctoral courses in Alliance Management, Strategic Networks and Corporate Strategy and leads IIMB executive programmes on Strategic Issues in Alliances & Acquisitions, Negotiations, Strategic Leadership of IT Companies and the Business Management Programme for Media and Entertainment Industry.

He was a Visiting Scholar at the Graduate School of Business, Stanford University where he engaged in research on strategy making in IT companies. He was also a visiting Professor at ISEAD, France; HEC Paris; EuroMed, Marseilles; University of Buckingham, UK; RMIT School of Business; Melbourne, Australia.

He also teaches an elective course on Digital Business Strategies and Models in the Post Graduate Programme on Software Enterprise Management (PGSM)

His research has focused on structuring and Managing International Alliances, MNC headquarters- Subsidiary relationships and e-business strategy and models. He has published serval papers, case studies, book chapters and has been quoted in publications such as Economics Times, Business Line and the Computer Today and he wrote a column on business strategy for Outlook Business.

Professor Padmini Srinivasan is a Ph.D from the National Law School of India University. She is a Fellow member of the Institute of Chartered Accountants of India and a Member of the Institute of Company Secretaries of India. She also holds a Masters degree in Commerce. Her areas of interests are Managerial Accounting, Corporate Disclosure Practices, Corporate Governance, and Corporate Income Tax.

Prior to joining IIMB, Dr. Srinivasan has worked in the Industry for more than ten years in various positions in Treasury, Planning, MIS and Accounting As part of the Executive education, she has designed and conducted programmes of short and long duration for a number of organizations including Finance for Non-finance managers.

Programme Fee
INR 1,05,000/- Residential [Hotel Accommodation] and INR 90,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.

Early Bird Discount
Nominations received with payments on or before 18-Dec-23 will be entitled to an early bird Discount of 10%.
Early Bird Fee (Residential Hotel Accommodation) INR 94,500/-(+ Applicable GST)
Early Bird Fee (Non-Residential) INR 81,000/-(+ Applicable GST)

Group Discount
Group Discount of 5% percentage can be availed for a group of 3 or more participants when nominations received from the same organization.

Please Note
All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme.

The programme fee should be received by the Executive Education Office before the programme commencement date.

In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.

If a nomination is not accepted,the fee will be refunded to the person/ organisation concerned.

A certificate of participation will be awarded to the participants by IIMB.

How to Apply