Cloud Officer & Outsourcing Officer - Certified programme

At the end of the course, the participants must be able to:

• understand the role and responsibilities of the cloud officer / outsourcing officer
  

• have an overview of the applicable circulars including CSSF Circular 22/806 and the domains covered in this circular. It will enable them to make their choices including gap analysis and remediation actions for conformity with this circular.
  

• understand and demonstrate different service and delivery models of cloud computing
  

• understand and demonstrate the risk management for outsourcing arrangements (ICT, cloud, and business process outsourcing)
  

• understand and demonstrate security aspects and principles of cloud computing
  

• practically manage the outsourcing operations

Role and responsibilities

• Introduction

• Definition

  • Cloud officer

  • Outsourcing officer

• Responsibilities

• Hierarchical structure

Compliance considerations 

Based on the European Banking Authority (EBA) guidelines and best practices in the field of outsourcing compliance 

• Introduction

• Applicable circulars

  • CSSF 22/806

  • CSSF 20/750

  • CSSF 21/769 (22/804)

• Circular 22/806 domains

  • General principles (including sustainability (ESG))

  • Governance

    • Assessments of outsourcing arrangements

    • Framework

    • Outsourcing process

  • Requirements in the context of ICT outsourcing arrangements

• Next Steps

Cybersecurity, policies, processes, and Risk Management

• Introduction

• Cybersecurity domains

  • Governance and strategy

  • Risk management

    • Basics of Risk Management

    • Risk management of the outsourcing arrangements (ICT, cloud and business process outsourcing)

  • Information security

    • Policy and processes

    • Identity and Access management

    • Cryptography

    • Examples of cloud security solutions

  • ICT governance

  • Business continuity management

• Next Steps

Outsourcing and Technologies: Cloud Solution Providers (AWS & AZURE) and other outsourcing use case 

• Introduction to different service and delivery models of cloud computing.

• Introduction to the cloud solution providers

  • AWS

  • MS Azure

• Cloud solution providers

  • Security principles

  • How principles apply (Security options, data encryption…)?

• Cascade outsourcing: Organisational and Compliance Aspects
  

• Other outsourcing use cases: SOC, Hosting, Development, …

Compliance practical implications (Circular 22/806 CSSF included) 

• CSSF notification step by step

• Alignment of the governance with the circular 

  • Management body responsibility

  • Proportionality analysis 

  • Outsourcing definition

  • Outsourcing policy

  • Outsourcing life-cycle

  • Outsourcing register

  • Contract management

  • Upgrade of existing outsourced functions

  • Critical or important functions (CIF)

  • Exit strategy and Business Continuity management

  • Service provider monitoring process – Outsourcing monitoring framework.
    

ICT/Security Risk Managers, (C)ISO, Risk Officer, Cloud Officer, Outsourcing Officer, Business Continuity Manager, Compliance Officer, of Banks 

Any manager involved in the 2nd Line of defense (such as governance, risk management, compliance, security, business continuity) 

The knowledge acquired in the seminar will be validated through an ONLINE examination. The examination is based on a MCQ questionnaire of around 50 questions. The required passing rate is 80%.

By the end of the course participants will receive the link for the examination and will have 5 working days to take it. 

At the end of the training, a certificate of attendance will be available either on your client account or on demand to the customer service.

Candidates who successfully complete the examination will receive the following certificate of completion co-signed by the ABBL: "Certified Cloud Officer & Outsourcing Officer"