Governance, Risk and Compliance (Cybersecurity)

Course Outline for GRC (Governance, Risk, and Compliance)

Module 1: Introduction to GRC

• Definition and Importance of GRC
• Evolution of GRC in Organizations
• GRC Frameworks (COSO, COBIT, ISO, NIST, etc.)
• Benefits of an Integrated GRC Approach

Module 2: Corporate Governance

• Principles of Corporate Governance
• Roles of Board of Directors, Executives, and Managers
• Governance Structures and Decision-Making
• Ethics, Transparency, and Accountability

Module 3: Risk Management Fundamentals

• Types of Risks (Strategic, Operational, Financial, IT, Compliance, Reputational)
• Risk Identification, Assessment & Analysis
• Risk Response Strategies (Avoid, Mitigate, Transfer, Accept)
• Enterprise Risk Management (ERM) Models

Module 4: Compliance Management

• Regulatory Landscape (Local and International)
• Compliance Frameworks and Standards (GDPR, SOX, HIPAA, ISO 27001, PCI-DSS, etc.)
• Internal Controls and Audit Readiness
• Monitoring, Reporting, and Continuous Improvement

Module 5: Information Security & GRC

• Role of GRC in Cybersecurity
• IT Governance & Risk Management (NIST, COBIT, ISO 27005)
• Data Privacy and Protection Laws
• Incident Response and Business Continuity

Module 6: GRC Tools and Technology

• GRC Software Platforms (RSA Archer, MetricStream, ServiceNow, etc.)
• Automation in Risk and Compliance Management
• Data Analytics for Risk and Compliance
• Integrating GRC with Enterprise Systems

Module 7: Building a GRC Program

• Steps to Implement an Effective GRC Framework
• Policies, Procedures, and Governance Structures
• Training and Awareness for Staff
• Metrics and KPIs for Measuring GRC Success

Module 8: Case Studies & Best Practices

• Real-World GRC Failures (Enron, Volkswagen, Wells Fargo, etc.)
• Best Practices from Leading Organizations
• Group Discussion: Lessons Learned
• Capstone Project: Developing a Mini GRC Framework for a Business