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Executive MBA in Business & IT Module “IT-Security & Privacy Management” Confronts Cyber Risks

The rising threat of cyber crime on an enterprise level was at the focus of the Executive MBA in Business & IT Module “IT-Security & Privacy Management” from 9 – 13 October, 2017. Headed by Prof. Dr. Helmut Krcmar, TUM Chair for Information Systems, the module presented the latest research findings and corporate strategies in dealing with cyber risks.

Participants obtained a view of the alarming scope of IT threats in an opening presentation by TUM experts Prof. Dr. Krcmar and Prof. Dr. Jens Grossklags, Chair of Cyber Trust. One of the most important take-aways of the module: Cyber crime threatens every segment of an organization and calls for coordinated risk management across departments – not just the IT-sector.

This assessment was confirmed by practical lectures from experts involved in IT security at global enterprises: Dr. Henriette Picot (Bird & Bird) outlined the legal ramifications of safekeeping customer and employee data. Steffen Siguda (OSRAM) shared his experiences from moving towards a cloud-based data architecture in his presentation “One Year in the Cloud – Lessons Learned and Outlook”.

The keys to achieving company-wide privacy management were presented by Bettina Robrecht (Deutschen Bahn) in her lecture “Securing Privacy Compliances at DB”. During a company visit at the offices of insurance provider Munich RE, cyber risk consultant Oliver Lenze and IT architect Florian Wittemann shared their insights from managing cyber risks at a major insurance provider.

Rounding out the module, participants not only familiarized themselves with the latest laws, rules, and concepts for safeguarding employee data. They also had an opportunity to work on their own professional development. A Business Etiquette Dinner provided a chance for participants to fine-tune their social skills in dealing with the cultural dimension of dining with (international) business partners. Furthermore business coach Dr. Martin Stellmacher provided hands-on advice on story-lining.

For further information regarding the module IT-Security & Privacy Management, please visit the module web page.

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