The ISACA Central Maryland Chapter invites you to our annual joint training holiday event with the Association of Government Accountants (AGA) on Wednesday, December 14, 2016 (Please note that space is limited for this event; registrations will be filled on a first come, first served basis). ISACA Members, cyberaudit, assurance, Cybersecurity Nexus (CSX), risk management, governance, and internal control professionals and practitioners new to the field and those with years of experience will benefit from this event. The training event offers an opportunity to expand your network and build onto your knowledge and skills.
Topic #1:Cybersecurity and threats, methodologies and approaches for defending an organization and how it is important for the financial community.
Speaker: Bios are located under the "Speakers" tab
Speaker #1: Conrad Bovell, IT Security Lead, CMS
Speaker #2: Gus Hunt, Accenture
If there are specific areas or subjects for Topic #1 you would like discussed, please send them to Kelly.Stankus@ssa.gov
Topic #2:Cyber Value-at-Risk (CyVaR): Quantifying an Institution’s Monetary Value-at-Risk due to Cyber Threat
Speaker: Bios are located under the "Speakers" tab
Speaker #1: Dr. James L. Ulrich, Senior Scientist with CyberPoint International
Organizations are swiftly shifting their assumptions about cyber breaches: it is now a matter of “when”, not “if”. Every organization in every industry faces cyber risk. A critical infrastructure operator is concerned about physical damage to its control systems; a healthcare provider worries about exposure of its patients’ sensitive personal health information; a retailer fears theft of customers’ payment card data. Assets carry value for organizations, but they can become a liability since they pose a tempting target for cybercriminals. Yet as common as cyber-attacks and data breaches have become, the process of quantifying cyber risk in financial terms is still a guessing game, challenging CISOs to demonstrate they are lowering risk, justify their investments, and convey the company’s cyber risk in financial terms to C-level officers and the Board. Moreover, due to this lack of actuarial data, insurers are struggling to underwrite and offer effective cyber insurance policies.
This talk addresses an approach to quantifying cyber risk. Cyber Value-at-Risk (CyVaR) is a technology for quantifying an institution’s monetary Value-at-Risk due to cyber threat, based on factors specific to the institution and the cyber threats it faces. CyVar’s methodology is inspired by computational techniques used in the financial industry to quantify the “typical worst case” losses of a portfolio due to price movements of underlying instruments. In addition to calculating VaR, CyVaR identifies the optimal countermeasures to reduce risks given a fixed maximum level of expenditure.
Technologies like CyVaR help CISOs answer the following questions:
• What portion of the value of our revenue-driving business applications and processes is placed at risk by cyber threats?
• What are the best options to reduce that risk, and how should I prioritize spend?
• How much risk can I buy down by exercising those options, and how much cyber insurance do we need to cover the remainder?
As in prior years ISACA-CMC will offer door prize to attendees (must be present to win).
Price: (Please note that the monthly meeting prices have been reduced for this event)
Members $45.00
Non-Members $60.00
Full-time Students $20.00
Late Registrations after December 9, 2016: No additional charge for this meeting, however please note that space is limited for this event; registrations will be filled on a first come, first served basis (Member Prices are for all ISACA, ISSA, AGA, and CFE members).
We offer 3 payment options:
• Pay by credit card
• Check (Pay at Door) - Make checks payable to ISACA-CMC
• Gov't training request - Bring your training request to the meeting or if you require an invoice, please send your request to Ejaz Younas at treasurer@isaca-cmc.org.
Place: Rolling Road Golf Club (Rolling Road Golf Club Website)
814 Hilltop Road, Catonsville, Maryland 21228
Phone: (410) 747-5196
Planned CPE's: 3.0 (CPE credits are based on 50 minute increments)
Times:
Registration & Networking: 11:30 AM to 12:00 PM
Appetizers & Buffet Lunch: 12:00 PM to 1:00 PM
Training Session: 1:00 PM to 2:30 PM
Break and Door Prizes: 2:30 PM to 3:00 PM
Training Session: 3:00 PM to 4:00 PM
Cancellation Notice: Full refunds will be given if registration is cancelled prior to noon on Friday, December 9, 2016, by contacting Pat Hamilton via email at arrangements@isaca-cmc.org. Refunds will not be given after that date, although attendance is transferable. Reservations made after this time will be accepted on a first come, first served basis, but cannot be guaranteed due to space limitations. ISACA Central Maryland Chapter reserves the right to cancel this event if there is not sufficient participation or due to inclement weather. Participants will be notified in the event that the monthly meeting has been cancelled and paid registrations will be refunded.