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Digital Risk Manager (DRM™)

Digitisation is increasingly being elevated to top of the agenda in many organisations to maintain their competitive edge in today’s business landscape. To truly understand the implications of adopting new technology or innovations, and ultimately to ensure the success and efficiency of such critical initiatives, the importance of risk management cannot be overstated.
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About Digital Risk Manager (DRM™) Certification

The IERP®’s Digital Risk Manager (DRM™) professional certification is a first-of-its-kind, unique program every risk professional needs to aid their journey in revolutionizing and rejuvenating the risk function for the digital era. By joining this digital risk management certification program, you will understand how the nature of risk and the role of risk management will evolve in response. You will also learn to access current risk management and enterprise risk management processes as well as identify/prioritise areas for digitisation.

With guidance from international and experienced ERM practitioners, participants will be coached on how to evaluate the organisation’s needs and preparedness for managing risk digitally, and how to craft the best approach to move forward successfully and with appropriate focus and resolve. In this Digital Risk Manager (DRM™) certification program, we will give you the know-how you need to achieve digital progress for the company whilst at the same time upholding the basic fundamentals of enterprise risk management and positioning the organisation for success in the digital era.

001-training
In person, virtual training
002-calendar
3 modules over 4 Days
003-time
32 CPE Hours

Certification Modules

  • In the 21st century, we have witnessed disruptions increasing in magnitude, velocity and frequency – largely driven by unprecedented rates of technological advancement and innovation. If this was not enough to provide the impetus for organisations to start to proactively manage disruption risks, we are today standing on the cusp of a “new normal” brought on by the devastating Covid-19 pandemic that will certainly bring about a tsunami of transformations to the business landscape
  • This module on Digital Risk Management & Disruption has been designed by international and experienced ERM practitioners to help risk professionals work with the tides of change and prevent the waves of disruption from washing away the organisation’s success. Participants will be equipped with the skills and knowledge necessary to proactively embrace and plan for disruption – digital disruption in particular – using tried and tested ERM methodologies & principles that are relevant, based on international best practice, and tailored to suit today’s transformed and highly-digitised world. Participants will also be exposed to the novel concepts of digital risk management as well as digitised risk management and its viability in keeping risk management in the organisation robust and efficient, befitting current and emerging needs in a digital environment and ecosystem.
  • The content of the Mechanics of Cybersecurity module has been designed to enable risk managers and business leaders to develop a practical and effective view of the organisation’s cyber risk appetite – one that’s proactive and holistically ties operational risks, strategic risk, cyber risk and enterprise risk for optimal resource allocation & investment. This module also aims to aid participants to effectively understand critical cybersecurity concepts and deal with relevant cybersecurity frameworks, governance and policies from a practical perspective.
  • Participants will also be skilled on how to develop a robust cyber management, control and evaluation framework that will allow their cyber security framework to stay relevant and ahead of constant technological evolution and innovation. Experienced board directors and ERM practitioners will be on hand to offer practical guidance on how to effectively obtain buy-in & commitment from management to drive an organisation culture that’s truly resilient against cyber threats. This will result in the company being better positioned to realise continued growth in value creation activities whilst minimising potential exposure to potentially calamitous virtual threats.
  • This module on Enterprise Risk Management is designed to be a 2-pronged approach for effective risk management in the 21st century. Participants will firstly be exposed to, and familiarised with, the concepts, fundamentals, methodologies and tools of ERM as a holistic risk management approach which protects as well as creates value. Thereafter, we will be deep-diving into the why’s and how’s of making ERM solutions relevant and pertinent to keep pace with rapid advances (such as digital, cloud, mobile/remote tech, big-data analytics, exponential growth in computing powers, etc.) and the wealth of new possibilities and opportunities they bring.
  • Obtain tips and practical insights from experienced international ERM practitioners on how to successfully make the case for upgrading an analogue approach to risk management to one that works in a digital world, leveraging on the holistic & forward-looking concepts of ERM. This approach will enable management to practically and effectively link ERM to strategy, decision making and performance and face the 21st century’s business landscape confidently and successfully.
  • In the 21st century, we have witnessed disruptions increasing in magnitude, velocity and frequency – largely driven by unprecedented rates of technological advancement and innovation. If this was not enough to provide the impetus for organisations to start to proactively manage disruption risks, we are today standing on the cusp of a “new normal” brought on by the devastating Covid-19 pandemic that will certainly bring about a tsunami of transformations to the business landscape
  • This module on Digital Risk Management & Disruption has been designed by international and experienced ERM practitioners to help risk professionals work with the tides of change and prevent the waves of disruption from washing away the organisation’s success. Participants will be equipped with the skills and knowledge necessary to proactively embrace and plan for disruption – digital disruption in particular – using tried and tested ERM methodologies & principles that are relevant, based on international best practice, and tailored to suit today’s transformed and highly-digitised world. Participants will also be exposed to the novel concepts of digital risk management as well as digitised risk management and its viability in keeping risk management in the organisation robust and efficient, befitting current and emerging needs in a digital environment and ecosystem.
  • The content of the Mechanics of Cybersecurity module has been designed to enable risk managers and business leaders to develop a practical and effective view of the organisation’s cyber risk appetite – one that’s proactive and holistically ties operational risks, strategic risk, cyber risk and enterprise risk for optimal resource allocation & investment. This module also aims to aid participants to effectively understand critical cybersecurity concepts and deal with relevant cybersecurity frameworks, governance and policies from a practical perspective.
  • Participants will also be skilled on how to develop a robust cyber management, control and evaluation framework that will allow their cyber security framework to stay relevant and ahead of constant technological evolution and innovation. Experienced board directors and ERM practitioners will be on hand to offer practical guidance on how to effectively obtain buy-in & commitment from management to drive an organisation culture that’s truly resilient against cyber threats. This will result in the company being better positioned to realise continued growth in value creation activities whilst minimising potential exposure to potentially calamitous virtual threats.
  • This module on Enterprise Risk Management is designed to be a 2-pronged approach for effective risk management in the 21st century. Participants will firstly be exposed to, and familiarised with, the concepts, fundamentals, methodologies and tools of ERM as a holistic risk management approach which protects as well as creates value. Thereafter, we will be deep-diving into the why’s and how’s of making ERM solutions relevant and pertinent to keep pace with rapid advances (such as digital, cloud, mobile/remote tech, big-data analytics, exponential growth in computing powers, etc.) and the wealth of new possibilities and opportunities they bring.
  • Obtain tips and practical insights from experienced international ERM practitioners on how to successfully make the case for upgrading an analogue approach to risk management to one that works in a digital world, leveraging on the holistic & forward-looking concepts of ERM. This approach will enable management to practically and effectively link ERM to strategy, decision making and performance and face the 21st century’s business landscape confidently and successfully.
Eligibility Criteria
  •  A degree-holder (or its equivalent, and above) with at least 1.5 or 2 years working experience OR
  • A non-degree holder with at least 7 years relevant working experiences
Who Should Get Certified
  • C-level Executives, Senior Managers, Managers, Senior Executives, and Executives of: Enterprise Risk Management/ Risk Management, strategy, corporate planning, internal audit, compliance, internal control, etc
  • Anyone interested in recent risk management issues and how to best manage risk.
Assessment

Multiple choice examination

Proven Benefits Of Being Digital Risk Manager (DRM™) Certified

004-ribbon
Recognition as a certified and qualified digital risk manager.
005-networking
Include yourself into a new network of like-minded risk professionals.
006-career
Improve career opportunity – pay boost, promotion & job portability.
007-decision
Acquire the ability to make informed decisions.
008-potential
Enhance your professional credibility within your own network.

Download Digital Risk Manager (DRM™) brochure for more details

Unlock your career potential with the Digital Risk Manager (DRM™) certification. Find out how in our brief, informative brochure.

Download Brochure

Do you have questions about Digital Risk Manager (DRM™) certification?

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The Institute of Enterprise Risk Practitioners (IERP®) is the world's first and leading certification institute for Enterprise Risk Management (ERM).

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