In this lab, we outline how PwC implements cyber risk management processes at clients. The main objectives of such
processes are to identify risk relating to information systems, and initiate appropriate countermeasures. We define
such risk as the product of the probability of a loss event and the magnitude of loss associated with its
Based on this definition, we flesh out a cyber risk management process with sub processes and diverse process components. The learning target of this lab is to gain an understanding of the different sub processes and their interactions, implemented by PwC at clients such that they can effectively and efficiently manage cyber risk.
Maximal number of participants: 25
Stefan Laube is a manager at PwC, where he advises clients regarding cyber risk management. Besides, he teaches
cyber risk management at the isits International School of IT Security in Bochum, Germany.
He holds a Doctorate in Economic and Political Sciences (Dr. rer. pol.) and a Master of Science (M. Sc.) in Information Systems, both from the Westfälische Wilhelms-Universität in Münster, Germany.