The LICQual Level 2 Diploma in Fundamentals of OCTAVE Security Risk Management Framework is an essential qualification for professionals looking to deepen their understanding of security risk management. As organizations continue to face increasingly sophisticated security threats, the need for skilled risk managers who can assess and mitigate these risks is critical.
This course builds on foundational knowledge and takes you a step further into the practical application of the OCTAVE framework. The OCTAVE (Operationally Critical Threat, Asset, and Vulnerability Evaluation) methodology provides a structured approach to identifying, assessing, and managing risks related to both IT systems and organizational processes. Whether you’re already working in risk management or looking to pivot into this field, this diploma equips you with the expertise needed to protect your organization’s critical assets effectively.
The LICQual Level 2 Diploma in Fundamentals of OCTAVE Security Risk Management Framework offers a comprehensive exploration of the OCTAVE methodology, focusing on how to assess and manage security risks within an organization. This course covers advanced concepts that go beyond the basics, providing a deeper understanding of how to evaluate critical assets, identify vulnerabilities, and develop practical risk management strategies.
Through this diploma, you will gain practical skills in using the OCTAVE framework to assess risks, apply security controls, and ensure that business operations remain secure from threats. The course dives into techniques for asset identification, risk assessment, and risk mitigation, empowering you to create actionable strategies that reduce organizational risk.
By the end of the program, you’ll be well-equipped to apply the OCTAVE framework to real-world scenarios, providing your organization with the tools needed to safeguard sensitive information and maintain operational integrity. This qualification is perfect for those looking to advance their career in risk management, cybersecurity, or IT security, offering you the expertise to thrive in the ever-evolving field of security risk management.
Course Overview
Qualification Title
LICQual Level 2 Diploma in Fundamentals of OCTAVE Security Risk Management Framework
Total Units
6
Total Credits
36
GLH
120
Qualification #
LICQ2200317
Qualification Specification
To enrol in the LICQual Level 2 Diploma in Fundamentals of OCTAVE Security Risk Management Framework, candidates must meet the following entry requirements:
- Educational Requirements: A minimum of a high school diploma or equivalent is required. Ideally, candidates should have completed a basic qualification in information technology, computer science, or a related field. Although not mandatory, prior exposure to general IT or cybersecurity concepts will be beneficial for understanding advanced security risk management topics covered in the course.
- Experience: A basic understanding of risk management and/or cybersecurity is recommended. This course is designed for individuals who have some prior knowledge or practical experience in information technology or risk management but are looking to build upon that knowledge. If you have already completed a Level 1 qualification in OCTAVE or a similar introductory course, you’ll be well-prepared for this Level 2 course.
- English Language Proficiency: Proficiency in English is essential, as the course materials and assessments are conducted in English. Candidates should have an intermediate level of English proficiency (B1 or higher), which ensures they can understand course content, participate in discussions, and complete written assignments effectively.
- Age Requirement: Candidates must be at least 18 years of age at the time of enrolment.
|
Qualification# |
Unit Title |
Credits |
GLH |
|---|---|---|---|
|
LICQ2200317-1 |
Advanced OCTAVE Framework |
6 |
20 |
|
LICQ2200317-2 |
Risk Assessment Advanced Techniques |
6 |
20 |
|
LICQ2200317-3 |
Vulnerability and Threat Management |
6 |
20 |
|
LICQ2200317-4 |
Security Control Design and Implementation |
6 |
20 |
|
LICQ2200317-5 |
Risk Mitigation and Treatment Strategies |
6 |
20 |
|
LICQ2200317-6 |
Continuous Risk Management Evaluation |
6 |
20 |
By the end of this course, learners will be able to:
Advanced OCTAVE Framework:
- Demonstrate a comprehensive understanding of the advanced principles and structure of the OCTAVE security risk management framework.
- Apply the advanced steps of the OCTAVE framework to evaluate and manage complex security risks.
- Analyze organizational threats, assets, and vulnerabilities using the OCTAVE methodology to create actionable risk management strategies.
Risk Assessment Advanced Techniques:
- Utilize advanced risk assessment techniques to identify, assess, and prioritize security risks within an organization.
- Apply both qualitative and quantitative methods to evaluate the severity and probability of risks, ensuring a thorough risk assessment process.
- Interpret and analyze risk assessment data to generate detailed risk reports and make informed decisions about risk management.
Vulnerability and Threat Management:
- Understand and assess the vulnerabilities within organizational systems and processes.
- Identify various types of threats and evaluate their potential impact on business assets and operations.
- Develop effective strategies to manage and reduce vulnerabilities and threats in line with the OCTAVE framework.
Security Control Design and Implementation:
- Design and implement security controls tailored to an organization’s risk profile and security requirements.
- Integrate preventive, detective, and corrective security controls to minimize identified risks.
- Evaluate the effectiveness of implemented security controls and suggest improvements based on ongoing risk assessments.
Risk Mitigation and Treatment Strategies:
- Develop and implement risk mitigation plans using the OCTAVE framework, addressing both immediate and long-term security risks.
- Explore various risk treatment strategies, including risk avoidance, transfer, acceptance, and reduction.
- Evaluate and apply appropriate mitigation measures to reduce risks to acceptable levels.
Continuous Risk Management Evaluation:
- Establish continuous evaluation processes for risk management, ensuring that security strategies remain up-to-date and effective over time.
- Conduct regular reviews and audits of risk management practices, adjusting risk treatment plans as needed.
- Ensure that risk management practices are integrated into the ongoing operations and decision-making processes of the organization.
This diploma is ideal for:
- Professionals with a foundational understanding of cybersecurity or risk management who wish to deepen their knowledge of the OCTAVE framework.
- IT specialists or security practitioners seeking advanced techniques to assess, manage, and mitigate security risks within organizations.
- Risk management professionals aiming to expand their expertise in vulnerability and threat management strategies.
- Individuals involved in designing, implementing, and evaluating security controls in their organization.
- Those looking to enhance their career prospects in cybersecurity and risk management through advanced qualifications.
- Business leaders or compliance officers who need to understand how to apply advanced risk treatment strategies and continuous risk evaluation.
- Professionals who have completed a Level 1 qualification or similar introductory course in risk management and are looking to move to the next level.
- Anyone preparing to take on a leadership role in managing security risks and improving overall organizational security posture.
Assessment and Verification
All units within this qualification are subject to internal assessment by the approved centre and external verification by LICQual. The qualification follows a criterion-referenced assessment approach, ensuring that learners meet all specified learning outcomes.
To achieve a ‘Pass’ in any unit, learners must provide valid, sufficient, and authentic evidence demonstrating their attainment of all learning outcomes and compliance with the prescribed assessment criteria. The Assessor is responsible for evaluating the evidence and determining whether the learner has successfully met the required standards.
Assessors must maintain a clear and comprehensive audit trail, documenting the basis for their assessment decisions to ensure transparency, consistency, and compliance with quality assurance requirements.
