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CPE Credits
8 Credits: Information Technology
Course Level
Overview
Format
Self-Study
Course Description
This course explains how organizations identify, evaluate, and respond to cybersecurity risks. It covers business context, governance, regulatory duties, assessment methodologies, scoping, asset classification, threats, vulnerabilities, controls, third-party risks, resilience, fraud impacts, reporting, monitoring, and common assessment weaknesses. Cybersecurity Risk Assessments emphasizes cybersecurity as a business risk requiring structured oversight and disciplined decision-making.
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Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize why cybersecurity risk assessments must be connected to business strategy.
• Recall the indicators of a material cyber issue.
• Recognize the value of mapping business processes during an assessment.
• Specify the reasons for documenting assessment scope issues.
• Recall why data classification is needed in an assessment.
• Recognize the risks associated with asset inventory practices.
• Recall why configuration records are needed in an assessment.
• Recognize why cloud data concentration can be a risk for an organization.
• Specify the uses of threat intelligence in a risk assessment.
• Recall why social engineering is a risk.
• Recognize the conditions that can increase ransomware exposure.
• Recall the nature of a cascading cyber risk.
• Recognize the nature of a single-point failure.
• Specify the issues associated with an impact analysis.
• Recall the problems with quantitative risk methods.
• Recognize why existing controls should be evaluated in an assessment.
• Recall why control operation is as important as control design.
• Recognize the different types of access practices, and when to use them.
• Specify the risks associated with deprovisioning.
• Recall the issues with the use of shared credentials.
• Recognize the risks associated with remote access.
• Recall the issues associated with data retention.
• Recognize why backup protection must be included in an assessment.
• Specify the issues related to network architecture risk.
• Recall how hardening can be accomplished.
• Recognize the risks associated with legacy systems.
• Recall the risks related to application programming interfaces.
• Recognize the issues related to the use of SaaS applications.
• Specify the concerns with fourth-party dependencies.
• Recall why vendor concentration should be reviewed as part of an assessment.
• Recognize the issues that can increase the level of human-factor cyber risk.
• Recall the benefits of using well-defined incident reporting channels.
Course Specifics
SS226497826
October 29, 2026
There are no prerequisites.
None
154
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …
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