Institute of Risk Management launches all-new Digital Risk Management Certificate

A new specialist Certificate awarded by the Institute of Risk Management (IRM) – and developed with support from the WMG Cyber Security Centre at the University of Warwick as well as input from the University’s Department of Politics and International Studies – has been designed to equip individuals to apply and develop their skills in an increasingly digital world.

The course covers how to carry out digital risk assessments and provides a detailed grounding in cyber security principles and practices, while also looking at the ethical issues surrounding both privacy and machine learning.

The key topics covered are the digital world and the ‘Fourth Industrial Revolution’, digital disruption in tandem with organisational and societal change, risk management principles and practices in relation to digital risk, the ethical implications of digital innovation, the principles and practice of cyber security and incident management and audit and assurance for digital and emerging risk.

Tom Sorell, Professor of Politics and Philosophy at the University of Warwick who contributed to the development of the study guide and syllabus, explained: “I was delighted to help develop the learning materials for this new IRM course. It will introduce learners to digital as a disruptive force both in products and services, as well as offering clear explanations around cyber security risks in business or the public sector. The course is designed to develop a clear understanding of digital products and risks, and the tools and techniques which can help businesses stay protected. We very much hope that it will also appeal to anyone who would like to know more about the opportunities and vulnerabilities unleashed by the Internet.”

Dr Ian Livsey: CEO of the IRM

Dr Ian Livsey: CEO of the IRM

Dr Ian Livsey, CEO of the Institute of Risk Management, commented: “We’re delighted to be working with the University of Warwick on the academic content and to be able to offer this important new course globally. The digital world offers huge benefits and opportunities, but the risks must also be clearly understood and managed. One of the biggest risks organisations now face is the speed at which they could be disrupted by both operational and strategic threats. We’ve seen multiple high-profile cases in the media detailing cyber attacks, data breaches and ransomware demands as well as total disruption of traditional markets by new ways of delivering products and services.”

Livsey added: “Everyone concerned with the management of organisations should be equipped with the knowledge and understanding to mitigate these risks. This course is the perfect introduction. Tomorrow’s risk experts clearly require these skills, but we also forecast interest from other business professionals who can see that they also need to be on top of these developments.”

*The new Certificate can be taken on a standalone basis (and completed in as little as six months). The course will be open for enrolment in late 2018 with students beginning their studies in 2019. It will be delivered by supported distance learning online and involve approximately 180 hours of study time. Students will sit their examination on screen at test centres across the world. To register your interest visit

**Take the IRM’s short online quiz to see exactly how much you know about digital risk and what the repercussions can be for businesses and individuals alike:

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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