Join us for an immersive one-day virtual workshop designed for Cybersecurity Managers, Internal and External Auditors, Risk Managers, Security Professionals, Business Managers, Financial Executives, and Legal Counsel.
The antiquated formula Risk = Impact x Probability is unprovable and unworkable. In this one-day seminar, participants learn why that formula is incorrect and which other techniques that are being used by advanced risk practitioners are more applicable to contemporary enterprises. These methods will make the determination of risk align with both reality and expectation. They make the concept of risk a meaningful determinant for management decision-making.
Learning Objectives
Participants in this seminar will learn:
- Why the commonly used formula fails
- Which techniques provide greater insight into operational and financial risk
- The standards that apply to risk assessment
- The tools and techniques that can be rapidly put in place in large and small businesses
- How to interpret risk assessment results
- Methods for portraying risk to aid management decision-making
Course Outline
- The Failure of the Traditional Formula
- Risk Assessments: Why and How?
- Risk Assessment Standards
- Black Swans - The Risk of the Highly Improbable
- Hazard-Based Risk Assessment
- Failure Mode and Effects Analysis
- Project Value Risk Assessment
- Multi-Dimensional Risk Assessment
- Conclusion
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At a Glance
Date: July 10, 2026
Time: 9 am - 5 pm
CPE: participants can earn up to 7 CPE Credits in the area of Information Technology.
Format Delivery: Virtual, via Zoom.
**The link to access the virtual event via Zoom will be provided in your registration confirmation email. **
Fees:
*Early Bird Discount: Those who register by June 26, 2026, save $50 off the price of the workshop.
- ISACA Members: $350
- Non-Members: $450
- Students and In-Transition: $150
**There is a 15% discount on registration for groups of six or more for the workshop.
We look forward to seeing you at the Seminar in July 2026!
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Instructor Bio: Steven J. Ross
Mr. Ross is Executive Principal of Risk Masters International and holds certification as a Certified Information Systems Security Professional (CISSP) as well as a Master Business Continuity Professional (MBCP), a Certified Information Systems Auditor (CISA), and a Certified Data Privacy Solutions Engineer (CDPSE). Mr. Ross is a specialist in the field of information systems security and control, specializing in Information Security, Business Continuity Management, Data Privacy, and IT Disaster Recovery Planning services. He has implemented Information Security programs for numerous banks, government agencies, and industrial corporations. Before founding Risk Masters, Mr. Ross was a Director and global practice leader with Deloitte & Touche.
In consulting engagements, he specializes in planning, policy development, implementation, and standardization of Information Security processes. In recent years, his focus has been on reliability, prevention, detection, and recovery from the technical and business impact of cyberattacks. He has published a book, Creating a Culture of Security. He was editor of the multi-volume series, e-Commerce Security, and author of several of the books in the series, including e-Commerce Security: Public Key Infrastructure. Since 1998, Mr. Ross has regularly published the column, “IS Security Matters”, in the ISACA Journal. In 2022, he was inducted into the ISACA Hall of Fame.