Regulatory and Cyber Risks

Course content

The financial crisis, vehicle emission fraud and numerous other scandals have emphasized the need for ethical behaviour and regulatory compliance. Governments often address these crises by adopting new regulatory instruments in the domain of security and cyber risks. Keeping pace with the velocity and volume of these changes prove to be a challenge to public and private organizations. In parallel, the European Union’s Charter of Fundamental Rights has codified the fundamental rights of citizens, such as the right to the protection of personal data, of access to information, and the presumption of innocence.

 

Overcoming the seeming dichotomy between ‘freedom versus security’, the course aims to introduce the main regulatory frameworks in the field of security risk management. It will explore the various legal instruments and their rationale, as well as the dilemmas and technological developments that practitioners face. Students will learn how risk and regulatory compliance is not a burden of confusing rules and penalties, but an opportunity to build organisational resilience by increasing the capabilities to detect, investigate and respond to advanced security risks.

 

The course covers four main themes:

 

  1. The Charter of Fundamental Rights, law and institutions of the EU and the General Data Protection Regulation (GDPR);
  2. Information security, cyber resilience, confidentiality and protection of trade secrets;
  3. Anti-corruption, bribery, money laundering, and sanction lists;
  4. Investigations, personal and corporate criminal liability.
Education

Bachelor student: 10 ECTS

Master student: 7.5 ECTS

 

SRM students have priority

Learning outcome

Knowledge:

Students will be able to…

  • Recognize that freedom and security are not a zero-sum trade-off;
  • Identify and understand the key regulatory frameworks in security risk management;
  • Critically balance the rights of individuals versus the need for security.

 

Skills:

Students will be able to…

  • Design and plan an organizations response to regulatory security requirements;
  • Apply complex security regulations to actual security risks;
  • Prioritize effectively when new regulatory requirements emerge and enable risk-based choices;
  • Critically discuss the added value of compliance.

 

Competences:

Students will be able to…

  • Contribute to an organizations compliance risk landscape;
  • Coordinate the implementation of pro-active compliance and resilience building.

 

ECTS
7,5 ECTS
Type of assessment
Written assignment
Free assignment
Marking scale
7-point grading scale
Censorship form
No external censorship
Criteria for exam assessment
  • Grade 12 is given for an outstanding performance: the student lives up to the course's goal description in an independent and convincing manner with no or few and minor shortcomings
  • Grade 7 is given for a good performance: the student is confidently able to live up to the goal description, albeit with several shortcomings
  • Grade 02 is given for an adequate performance: the minimum acceptable performance in which the student is only able to live up to the goal description in an insecure and incomplete manner

Single subject courses (day)

  • Category
  • Hours
  • Class Instruction
  • 28
  • English
  • 28