Emerging Technology Risk Management Training Course: Navigating The Frontier Of Innovation

Introduction:

Rapid technological advancements bring unprecedented opportunities, but also novel risks. This comprehensive training course on Emerging Technology Risk Management equips participants with the knowledge and practical skills to identify, assess, and mitigate risks arising from artificial intelligence (AI), blockchain, and other cutting-edge innovations. Participants will learn how to proactively manage these evolving risks, ensuring responsible innovation and maximizing the benefits of emerging technologies. This course empowers professionals to navigate the frontier of innovation, contributing to a more secure and technologically advanced future.

Target Audience:

This course is designed for professionals across various industries who are involved in technology, risk management, and strategic planning, including:

• Technology Leaders and Innovators
• Risk Management Professionals
• Compliance Officers
• Data Scientists and AI Specialists
• Business Strategists
• Anyone seeking to understand and manage risks associated with emerging technologies

Course Objectives:

Upon completion of this Emerging Technology Risk Management training course, participants will be able to:

• Understand the unique risks associated with AI, blockchain, and other emerging technologies.
• Identify potential vulnerabilities and attack vectors related to these technologies.
• Assess the impact of emerging technology risks on business operations and strategic goals.
• Develop and implement risk mitigation strategies for emerging technologies.
• Establish a framework for ongoing monitoring and management of emerging technology risks.
• Understand ethical considerations related to the use of emerging technologies.
• Stay up-to-date with the latest advancements and associated risks in emerging technologies.
• Contribute to the responsible development and deployment of innovative technologies.
• Enhance their organization's ability to navigate the evolving technological landscape.
• Balance innovation with risk management to maximize the benefits of emerging technologies.

DURATION

5 Days

COURSE CONTENT

Module 1: Introduction to Emerging Technology Risks

• The rapid pace of technological innovation and its implications for risk management.
• Defining emerging technologies and their key characteristics.
• Understanding the unique risks associated with emerging technologies.
• The importance of proactive risk management for emerging technologies.
• Setting the stage for managing risks in the age of innovation.

Module 2: Artificial Intelligence (AI) Risks

• Understanding AI and its various forms (machine learning, deep learning, etc.).
• Data bias and its impact on AI algorithms.
• Explainability and transparency challenges in AI.
• Security risks related to AI systems (e.g., adversarial attacks).
• Ethical considerations in AI development and deployment.

Module 3: Blockchain and Distributed Ledger Technology (DLT) Risks

• Understanding blockchain and DLT and their potential applications.
• Security vulnerabilities in blockchain systems (e.g., 51% attacks, smart contract vulnerabilities).
• Regulatory uncertainty surrounding blockchain and cryptocurrencies.
• Privacy risks associated with blockchain technology.
• Scalability and interoperability challenges in blockchain networks.

Module 4: Internet of Things (IoT) Risks

• Understanding the IoT ecosystem and its components.
• Security vulnerabilities in IoT devices and networks.
• Data privacy risks associated with IoT data collection.
• Scalability and management challenges in large-scale IoT deployments.
• Interoperability and standardization issues in the IoT landscape.

Module 5: Quantum Computing Risks

• Understanding the basics of quantum computing and its potential impact.
• The threat of quantum computing to current encryption methods.
• The need for quantum-resistant cryptography.
• The long-term risks and opportunities associated with quantum computing.

Module 6: Other Emerging Technology Risks

• Exploring risks associated with other emerging technologies (e.g., biotechnology, nanotechnology, virtual and augmented reality).
• Identifying common risk themes across different emerging technologies.
• Understanding the interconnectedness of emerging technology risks.

Module 7: Assessing Emerging Technology Risks

• Developing a risk assessment framework for emerging technologies.
• Identifying potential threats and vulnerabilities.
• Analyzing the impact of emerging technology risks on business operations.
• Using scenario planning and other techniques to assess future risks.

Module 8: Mitigating Emerging Technology Risks

• Developing risk mitigation strategies for emerging technologies.
• Implementing security controls and safeguards.
• Establishing governance and oversight processes.
• Addressing ethical considerations and responsible innovation.
• Building partnerships and collaborations to manage emerging technology risks.

Module 9: The Future of Emerging Technology Risk Management

• Staying up-to-date with the latest advancements in emerging technologies.
• Developing a culture of continuous learning and adaptation.
• The role of regulation and standardization in managing emerging technology risks.
• The importance of collaboration between technology developers, risk managers, and policymakers.
• The future of risk management in the age of rapid technological change.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 5 working days before commencement of the training.