Business Leaders: Here’s a $399 Crash Course in Cybersecurity Threats

BY Lake Sydney07 October 2022, 17:23

An employee at his desk at S2W Inc., a South Korean cybersecurity company, in Pangyo Techno Valley, Seoul, South Korea, seen in August 2022. (Photographer: Woohae Cho—Bloomberg/Getty Images)

Cybercrime is expected to cost $7 trillion worldwide in 2022, according to research by Cybersecurity Ventures. And despite strong business and interpersonal skills, many professionals lack the cybersecurity knowledge necessary to help their business prevent cyberattacks.

To complicate matters further, there is a massive cybersecurity talent gap of over 700,000 vacancies in the United States. C-suite executives and business executives “pay attention” to cybersecurity, according to Cybersecurity Venture’s report, “but they tell us that cybersecurity reporting is far too technical and uses terms they don’t not understand.

To help business leaders prepare for “real-world” scenarios involving cybersecurity, talent development platform Udacity this week announced the launch of a Cybersecurity Program for Business Leaders, designed on measure for senior managers and executives.

“Cybersecurity should be a top concern for all of us, especially given the impact the choices we make now in cybersecurity can have on our future business success,” said Udacity CEO Gabriel Dalporto. . Fortune. “Top and senior managers must be able to identify potential cyber threats to their organization and understand the systemic risks present in its digital ecosystem of suppliers, vendors and customers.”

What you will learn in the course

Dalporto says that professionals who participate in the cybersecurity program should come away with the following five key understandings:

  1. Develop a common language and understanding of cybersecurity risks and best practices
  2. Identify potential cyber threats and systemic risks present in their digital ecosystem of suppliers, vendors and customers
  3. Evaluate how to respond to low, medium and high risk cyber threats
  4. Create a culture of cybersecurity awareness throughout the organization
  5. Create cybersecurity budgets for their organization

Essentially, the course is designed to help people understand cybersecurity risks, identify potential threats, and create a budget for cybersecurity protections. It’s also important for business leaders to get buy-in from other employees by launching cybersecurity awareness campaigns, training plans and accountability measures, says Dalporto.

Additionally, participants supplement the course with materials that they can apply in their current businesses. They leave the program with a “fully developed” (as Dalporto puts it) incident response plan, an internal cybersecurity awareness campaign template, and a proposed three-year cybersecurity capital budget for their company.

“Many leaders have struggled to keep pace with the digital transformation of their industries, leaving significant knowledge, process and technology gaps in how they manage threats,” says Dalporto. “It’s a challenge to stay up to date, but a challenge that we should all take up to ensure the right decisions are made at all levels.”

Program details

Registration for the program is open until October 12 for the upcoming cohort. The program lasts one month with approximately three to five hours of commitment per week. No prerequisite courses are necessary, although Udacity also offers other cybersecurity-related courses, including an introduction to cybersecurity.

The program is taught by Eric Hollis, President and CEO of HollisGroup, a cybersecurity and risk management consultancy. Hollis holds multiple cybersecurity certifications, including Certified Information Security Manager (CISM), an advanced certification for industry leaders.

“Digital ecosystems provide an easy entry point for cyber threats and breaches,” Hollis said in a statement. “Cybersecurity for Business Leaders is a very detailed curriculum, and I look forward to working with a diverse set of leaders looking to expand their cybersecurity skills and help their teams excel.”

The program costs $399 and also includes access to mentor support and career services.

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