Course Description

Synopsis:

This module presents the highlights of the ISCA Web-Bitez Learning Series on "Risk Management in the Cyber and Digital Era".

In today's hyper-connected and digitally-driven world, the role of accountants has expanded far beyond traditional number-crunching. As business leaders and stewards of financial information, accountants are increasingly at the forefront of providing strategic advice and safeguarding organisations against digital risks.

In collaboration with Ernst & Young Singapore, the speaker presented on insights custom-tailored for accountants, equipping them with the foundational knowledge and strategies required to start their journey in navigating the complex landscape of digital risks and opportunities.

Key Discussion Points:

  1. Understanding digital
    • Explore the profound impact of digital transformation on businesses across industries.
    • Understand how digital technologies reshape customer engagement, operations, and market dynamics.
  2. Digital risks and challenges
    • Recognise the unique risks and challenges that digitalisation poses, including cybersecurity threats, data privacy concerns, and artificial intelligence.
    • Examine real-world examples of organisations facing digital-era risks.
  3. Board responsibilities and risk oversight
    • Clarify the board's role in overseeing strategic risk management.
    • Understand the expectations and responsibilities of board members in identifying, assessing, and mitigating digital risks.
  4. Strategic risk assessment
    • Explore effective methodologies for conducting strategic risk assessments.
    • Learn how to align risk assessment with the organisation's strategic objectives.
  5. Digital risk management
    • Explore digital tools and technologies such as GRC, data analytics and robotics process automation management.
    • Learn how these tools can enhance efficiency and effectiveness of risk management teams.

At the end of this session, participants will be better prepared to proactively manage digital risks, seize opportunities, and ensure the long-term success of their organisations in an increasingly digital world.

 

Intended For:

  • Audit Professionals / PAIP 
  • Finance Professionals  / PAIB 
  • Public Sector Finance
  • C-suite & Directors 

 

Competency Mapping:

  • CPE Category 5 = 1.5 Hours

Instructor Image

Benjamin Chiang

Benjamin is a Partner in Ernst & Young’s Consulting practice in Singapore and is the Government Public Sector Leader for Asean. He has over 20 years of experience serving clients for the government and public sector.He is a practicing Chartered Accountant who specializes in technology audit and security consulting projects, with a focus on data governance and analytics, IT security governance, process and technical security assessments, computer forensics and incident response management.He currently serves on the Institute of Singapore Chartered Accountant (“ISCA”) Investigation and Disciplinary Panel, and previously served as Chairman of ISCA’s IT Services Advisory Panel and the, Board of Directors for the Singapore Chapter of the Information Systems Audit and Control Association (“ISACA”) and Association of Information Security Professionals (“AISP”).

1.5 CPE Hours

Lesson(s)

3

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