COURSE
Retail: Risk Factors and Mitigation
INR 59
Description
Identify the top operational, financial, regulatory, and digital risks in retail, and IT's role in their mitigation.
Learning Objectives
Learners will analyze threats, evaluate risk assessment frameworks, and design mitigation and response strategies for retail and IT.
Topics (8)
1
Regulatory and Compliance Risks
GDPR, DPDP, SOX, ISO risk, audit requirements, RegTech.
2
Risk Assessment Frameworks (COSO, ISO)
COSO ERM model, ISO 31000, risk scoring, heatmaps.
3
Introduction to Retail Risk Management
Risk definitions, levels, risk appetite.
4
Operational and Supply Chain Risks
Black swan, pandemic, strikes, inventory write-off, business continuity.
5
Cybersecurity and IT Risks
Malware, fraud, data loss, cloud risk, ransomware.
6
Financial, Credit and Fraud Risks
Card fraud, insolvency, receivables risk, payment defaults.
7
Scenario and Crisis Management Planning
IT DR, BCP/BCM, ransomware plans, pandemic/catastrophe playbooks.
8
Designing and Auditing Retail Risk Controls
Control mapping, internal audit, crisis exercises, iterative improvement.