Contactless and ‘digital first’ have become the norm. To keep up with the fast pace of the world, much is demanded of your business’s technology. Cobit5 Foundation certification trainings help the company identify and contain risks to the business and its tech stacks, so that the most pressing demands are satisfied.
Cobit5 Foundation certification is an introduction to a framework that helps identify risk that comes from various sources. That is the complexity our systems face today. Risks come from anywhere, and anybody. The Cobit Training course helps you accept that, and then take measures to stop those risks from affecting the business’s functions. The example I’ll give you should help you understand modern day risks and how the Cobit5 framework helps.
But first, a story!
At a company, a new product was being developed. It was being developed in such a way as to reduce its overall bulk, to come in a smaller size, and hence be sold at a much, much lower price than anywhere. The idea was to make it more stackable so that more of it would be ordered by dealers, and hence more of it would be sold to consumers. This is how it was a competitive product. Its constituents were to be ordered. The buying cycle of the company typically took two to three months. Stock enough for three sales outlets was to be produced. A large sum of money was to be invested in buying the constituents. News of a very big deal in the pipeline got out.
A governance and risk consultant was brought on board. They specialized in Cobit5 Foundation, along with other frameworks. They met with the board of directors, and the executives who got of this product idea. They studied the business strategy. A key risk they identified was thus-the news of the deal to be caused many potential cyber attackers to take an interest in the bank account of the company. Ransom ware attacks, and scammers interested in hacking into the bank account and its related databases, were to be guarded against.
The Cobit5 certified person helped chalk out a plan. They spoke to executives and their teams about how the amount of money in the bank was crucial to the deal, and hence was prime target for hackers of all types. So this money had to be protected at all costs. The Cobit5 certified person understood the various ways of working of the executives and their teams, and suggested how they tighten the hold on sensitive bank account details. They could do this because they were Cobit5 Foundation certified and understood risk and strategy very well.
And next, the course itself!
As you’ve just seen, Cobit5 Foundation is a great place to start the business Governance, Risk, and Compliance journey from. Cobit5 Foundation helps you identify different kinds of risk to the business. This includes risks coming from, and to technology that the business owns. This is important in a digital world. To be Cobit5 Foundation certified, you need to attend a training and to pass a test. Enter Knowlathon! Knowlathon is a trusted provider of Cobit5 Foundation trainings and a great way to bring cobit5 to your company. Visit www.knowlathon.com today, fill up a contact form, and book a class today! What’s more, there is always a ready discount! Find training courses in Dubai, Bangalore, Mumbai, Pune, Chennai, Hyderabad, and Delhi.
