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Course profile

Cyber Security Risk Management and Controls (BISM7620)

Study period
Sem 1 2025
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 1, 2025 (24/02/2025 - 21/06/2025)
Study level
Postgraduate Coursework
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Business School

Cyber Security Risk Management and Controls supports future leaders in the challenging cyber security domain in understanding their role as leaders, building relationships with the Board and high-level management, and in implementing effective cyber security controls throughout the organisation. This course is designed for experienced professionals who wish to build on their ability to lead a high performance team of professional IT staff that perform cyber operations. This course will equip these professionals with the ability to evaluate and implement strong IT governance and management practices around cyber security, and the communication skills to communicate across all levels of management. The course focusses on work-relevant assessment that focusses on student roles as leaders and provide the opportunity to engage with emerging security issues, risks and vulnerabilities.

Topics will include Cyber Leadership (Role of the Cyber Security Leader; Emerging Cyber Threats), Assessment and Mitigation of Risk (Preventive, Detective, Corrective Controls), IT Governance Mechanisms for Cyber Secure Organisations, IT Management Controls for Cyber Secure Organisations (Plan, Build, Run and Monitor).

This course is divided in 6 blocks of lectures (plus a final lecture), addressing different aspects of Cyber Security Risk Management and Cyber-Risk Controls. Topics such as the relationship between "physical" risk management and cyber risk management; risk and audit functions in cybersecurity; governance of cybersecurity risks; cyber-risk ownership in public and private sector organisations; cyber-risk communication; elements of cyber-insurance; cyber-resilience; and the future of cyber-risk controls will be explored in a highly interactive format, with classroom discussions, readings, intervention of guest speakers, videos, etc.

Each one of the 6 blocks will address one specific topic. Each block will be articulated as follows:

- Seminar-based learning (Weeks: 1, 3, 5, 7, 9, 11 and final lecture 13)

- Independent learning by students, based on materials assigned by the Lecturer (Weeks: 2, 4, 6, 8, 10, and 12)

Highly based on the practice of cyber-risk management, the course explores issues that arise in real life, rather than focusing on topics that are academically interesting but of little practical relevance. A business focus is intrinsic to this course, which does not require technical cybersecurity expertise. Similarly, no prior managerial knowledge is assumed.

Course requirements

Prerequisites

You'll need to complete the following courses before enrolling in this one:

For MCyberSec students - CYBR7001 or CYBR7003. For all other students - at least 8 units of postgraduate courses.

Course contact

Course staff

Lecturer

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Please note: Teaching staff do not have access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you email business.mytimetable@uq.edu.au from your UQ student email account with the following details:

  • Full name
  • Student ID
  • Course Code

Aims and outcomes

Overall, this course aims at expanding the students' understanding of the dynamics that characterise activities associated with cybersecurity risk management in modern organisations, with reference to both the public and the private sector, and from a national as well as an international standpoint.

Course aims include:

- To offer the students an opportunity to discover the activities that are typically executed to identify, assess and manage risks of a cyber-nature, in modern organisations;

- To help the students differentiate between the different types of controls currently practiced to manage cyber-risks;

- To develop the students' leadership skills in the field of cybersecurity risk management and prepare them to become decision-makers in this very field;

- To expand the students' understanding on subject matters that are constantly evolving in the "cybersecurity universe", such as cyber-insurance and

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Understand and act upon the different activities that characterise the management of cyber-risks in modern organisations

LO2.

Make connections between cybersecurity risk management and the broader portfolio of entreprise risk management activities

LO3.

Mobilise the appropriate (internal and external) resources and critical thinking to effectively perform cybersecurity risk management

LO4.

Acquire skills to perform evidence-based decision-making in cybersecurity risk management

LO5.

Lead organisational conversations around the importance of cybersecurity risk management and, more in general, being a champion of safe cybersecurity practices

LO6.

Produce outputs in different formats (presentations, reports, etc.) to offer evidence to support decision making in the field of cybersecurity risk management

Assessment

Assessment summary

Category Assessment task Weight Due date
Presentation Recorded Video-Presentation 40%

11/04/2025 3:00 pm

Paper/ Report/ Annotation Critical Analysis of Assigned Material 20%

23/05/2025 3:00 pm

Essay/ Critique, Reflection Reflective Essay on Cybersecurity Risk Management 40%

13/06/2025 3:00 pm

Assessment details

Recorded Video-Presentation

Mode
Product/ Artefact/ Multimedia
Category
Presentation
Weight
40%
Due date

11/04/2025 3:00 pm

Learning outcomes
L01, L02, L03, L04, L05, L06

Task description

Students will choose one of four pre-assigned topics and conduct a critical analysis on it.

Output of this assessment will be a video-presentation, recorded by the students and supported with slides.

In the presentation, students will need to demonstrate their understanding of the selected topic and its associated issues, offer their critical perspective on it, illustrate how such topic reflects in the practice of cybersecurity risk management and offer recommendations for addressing the identified open issues.

Assigned topics will be inspired by contents and materials explored during the first three blocks of the course.

The video-presentation will need to have a max duration of 15 minutes.

Students will need to submit through Blackboard:

Slide-deck utilised to support their video-presentation.

AI Statement:

Artificial Intelligence (AI) and Machine Translation (MT) are emerging tools that may support students in completing this assessment task. Students may appropriately use AI and/or MT in completing this assessment task. Students must clearly reference any use of AI or MT in each instance.

A failure to reference generative AI or MT use may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

via Blackboard

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Critical Analysis of Assigned Material

Mode
Written
Category
Paper/ Report/ Annotation
Weight
20%
Due date

23/05/2025 3:00 pm

Learning outcomes
L01, L02, L03, L04, L05, L06

Task description

Word Count: Maximum of 1,500 words.

The independent study sessions in this course require students to independently analyse industry reports, papers and other materials on specific topics.

This assessment requires students to select the materials required in one of the Independent Study Sessions and write a critical analysis of the same material, based on the guiding questions provided by the Lecturer.

In their analysis, students will need to demonstrate their understanding of the topics and issues discussed in the assigned material and offer their perspective on the same, making reference to their previous work experience or job positions they would want to be in, in the future.

AI Statement:

Artificial Intelligence (AI) and Machine Translation (MT) are emerging tools that may support students in completing this assessment task. Students may appropriately use AI and/or MT in completing this assessment task. Students must clearly reference any use of AI or MT in each instance.

A failure to reference generative AI or MT use may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Submission to be done through Turnitin (see Blackboard).

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Reflective Essay on Cybersecurity Risk Management

Mode
Written
Category
Essay/ Critique, Reflection
Weight
40%
Due date

13/06/2025 3:00 pm

Learning outcomes
L01, L02, L03, L04, L05, L06

Task description

Wordcount: Maximum 2,500 words (Title, Abstract, Tables, Figures, Appendices and References excluded).

This assessment requires students to select 1 of the topics addressed in the classroom and write a reflective essay on it.

In the reflective essay, students will need to demonstrate their knowledge of the discussed topic, acquired through the materials explored during the course and expanded through independent research.

Students will also need to demonstrate critical thinking and ability to analyse controversial issues in cybersecurity risk management, highlighting the practical implications of the same by tapping into case studies and analysis of real-world issues.

AI Statement:

Artificial Intelligence (AI) and Machine Translation (MT) are emerging tools that may support students in completing this assessment task. Students may appropriately use AI and/or MT in completing this assessment task. Students must clearly reference any use of AI or MT in each instance.

A failure to reference generative AI or MT use may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Essay to be submitted through Turnitin (see Blackboard)

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0 - 29

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30 - 46

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47 - 49

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50 - 64

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65 - 74

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75 - 84

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85 - 100

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

Grades will be allocated according to University-wide standards of criterion-based assessment.

Supplementary assessment

Supplementary assessment is available for this course.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1
Seminar

Introduction to BISM7620 and Cyber Risk Management

Block 1: Cybersecurity risk management fundamentals
Definition of cyber-risks, and cyber-risk taxonomies.
Risk management standards and exploration of their relationships with cybersecurity risk management: ISO31000; ISO27001-2.
The attackers' perspective on cybersecurity risk management.

Learning outcomes: L01, L02

Week 2
General contact hours

Introduction to BISM7620 and Cyber Risk Management

Block 1: Cybersecurity risk management fundamentals

(independent study session)

Learning outcomes: L01, L02

Week 3
Seminar

IT and Cybersecurity governance: focus on risks

Block 2: Relationships between IT and Cybersecurity governance.
The three lines of defence model.
The five lines of assurance model.

Learning outcomes: L01, L02, L03, L04

Week 4
General contact hours

IT and Cybersecurity governance: focus on risks

Block 2: Relationships between IT and Cybersecurity governance. (independent study session)

Learning outcomes: L01, L02, L03, L04

Week 5
Seminar

Risk and audit function and cybersecurity roles

Block 3: Risk and audit function within organisations: focus on cybersecurity risks.
Cyber-risk controls.
Cyber threat intelligence as the basis for solid risk management practices. Leadership in Risk management and Audit: the role of the Chief Audit Executive

Learning outcomes: L02, L03, L05

Week 6
General contact hours

Risk and audit function and cybersecurity roles

Block 3: Risk and audit function within organisations: focus on cybersecurity risks (independent study session)

Learning outcomes: L02, L03, L05

Week 7
Seminar

Communicating risks across the organisation

Block 4: Communicating risks across the organisation: the role of Board of Directors and Executives.
Technical vs Non-technical cybersecurity: what balance?
Communication and consultation in cyber-risk management: overview of best practices and most common issues.
Cyber-risk frameworks.

Learning outcomes: L03, L04, L05, L06

Week 8
General contact hours

Communicating risks across the organisation

Block 4: Communicating risks across the organisation: the role of Board of Directors and Executives (independent study session)

Good Friday Public Holiday - Friday 18 April 2025 - Check Blackboard for announcements about affected classes.

Learning outcomes: L03, L04, L05, L06

Mid-sem break
No student involvement (Breaks, information)

In-Semester Break

Week 9
Seminar

Open issues in cybersecurity risk management

Block 5: Open issues in cybersecurity risk management
Cyber-resilience: what definitions? Why is it important? How do you measure it?
New forms of cyber-risk protection: elements of cyber-insurance

Learning outcomes: L03, L05, L06

Week 10
General contact hours

Open issues in cybersecurity risk management

Block 5: Open issues in cybersecurity risk management

Learning outcomes: L03, L05, L06

Week 11
Seminar

The future of cybersecurity risk management

Block 6: The future of cybersecurity risk management.
Cyber-risks and new technologies: what risks and what opportunities?
A deep-dive into innovative applications in the protection from cyber-risks
Is cyber-risk management overrated?

Learning outcomes: L03, L05, L06

Week 12
General contact hours

The future of cybersecurity risk management

Block 6: The future of cybersecurity risk management (independent study session)

Learning outcomes: L03, L05, L06

Week 13
Seminar

Wrap-up session

Wrap-up session with students on the overall contents of the course

Learning outcomes: L01, L02, L03, L04

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.