IntermediateSMB-CYBER-RISK-001

SMB Cybersecurity Risk Assessment Workshop

Hands-on risk assessment for small and medium businesses

Learn to identify your critical assets, understand vulnerabilities, and prioritise security investments through a structured, practical risk assessment process designed for SMB realities.

8 hours
New course
Certificate Included
SMB Cybersecurity Risk Assessment Workshop

At a Glance

Who it's for

  • SMB owners and directors
  • IT managers and coordinators
  • Business managers overseeing security
  • Key decision-makers responsible for risk management

Course Details

Duration:8 hours
Format:Live webinar or self-paced online with guided exercises
Next intake:September 2026 — register your interest at educ4te.com
Alignment:Based on ISO 31000 risk management principles and ACSC guidance for SMBs

Course Overview

This hands-on 8-hour workshop guides SMB owners, IT managers, and decision-makers through a practical, simplified cybersecurity risk assessment process. You'll learn to identify your business' critical assets, understand potential vulnerabilities and threats, assess likelihood and impact, and prioritise security measures based on your specific needs and budget constraints. Using provided templates and tools, you'll conduct a real risk assessment for your own organisation during the workshop, leaving with a completed risk register and prioritised action plan. The workshop demystifies risk assessment—making it accessible without expensive consultants or complex frameworks—and ensures you invest security resources where they matter most for your business.

What You'll Learn

Identify and catalogue your organisation's critical assets including data, systems, and infrastructure
Assess threats and vulnerabilities relevant to your specific business context
Evaluate likelihood and impact to determine risk levels
Prioritise security controls and investments based on risk and budget
Create a risk register and treatment plan for your organisation
Apply simplified risk assessment methodologies suitable for SMBs
Make informed security decisions using risk-based thinking
Communicate security risks and investments to stakeholders and leadership

Course Curriculum

Module 1: Introduction to Risk Assessment for SMBs

1 hour
  • Why risk assessment matters for small businesses
  • Risk assessment principles: assets, threats, vulnerabilities, impact
  • Simplified risk methodology for SMB contexts
  • Common SMB security risks and priorities
  • Overview of the risk assessment process
  • Tools and templates you'll use

Module 2: Identifying and Valuing Business Assets

1.5 hours
  • What are assets? Data, systems, people, reputation
  • Cataloguing your critical assets
  • Understanding asset dependencies and interconnections
  • Valuing assets: replacement cost, business impact, regulatory considerations
  • Hands-on exercise: Building your asset inventory
  • Classifying assets by criticality

Module 3: Threat and Vulnerability Analysis

1.5 hours
  • Common threats targeting your industry and business size
  • Understanding vulnerabilities in your systems and processes
  • Mapping threats to assets
  • External threats: cybercriminals, competitors, hacktivists
  • Internal threats: insider risks, accidental disclosure
  • Hands-on exercise: Identifying threats and vulnerabilities for your business

Module 4: Assessing Likelihood and Impact

1.5 hours
  • Likelihood assessment: How probable is each threat?
  • Impact assessment: What are the consequences?
  • Using simplified risk matrices for SMBs
  • Considering financial, operational, reputational, and legal impacts
  • Risk scoring and categorisation
  • Hands-on exercise: Scoring risks for your organisation

Module 5: Risk Treatment and Prioritisation

1.5 hours
  • Risk treatment options: mitigate, accept, transfer, avoid
  • Selecting security controls appropriate to risk levels
  • Cost-benefit analysis for SMB budgets
  • Prioritising investments based on risk and resources
  • Quick wins vs. long-term improvements
  • Hands-on exercise: Building your risk treatment plan

Module 6: Creating Your Risk Register and Action Plan

0.75 hours
  • Documenting risks in a risk register
  • Creating a practical, actionable security roadmap
  • Assigning ownership and accountabilities
  • Setting realistic timelines for implementation
  • Communicating risks and plans to leadership and stakeholders
  • Review and feedback on your completed risk assessment

Module 7: Ongoing Risk Management

0.25 hours
  • Updating risk assessments as your business changes
  • Monitoring and reviewing implemented controls
  • Responding to new threats and vulnerabilities
  • Annual risk review processes
  • Integrating risk thinking into business decisions

Who Should Attend

  • SMB owners and company directors
  • IT managers and systems coordinators
  • Business managers overseeing security and compliance
  • Operations managers responsible for risk management
  • Finance professionals evaluating security investments
  • Consultants and advisors supporting SMB clients

Prerequisites

Before enrolling, please ensure you meet these requirements:

  • • Understanding of your business operations, systems, and data
  • • Basic cybersecurity concepts (recommended: SMB Cybersecurity Essentials or equivalent)
  • • Authority to make or influence security decisions
  • • Access to information about your organisation's technology and assets

Delivery, Format and Logistics

Delivery Mode

Live webinar or self-paced online with guided exercises

Maximum 15 participants for personalised guidance

What You'll Need

  • Basic understanding of your business operations and systems
  • Authority to make security investment decisions
  • Understanding of cybersecurity concepts (or completion of SMB Cybersecurity Essentials)
  • Laptop for working with assessment templates
  • Information about your organisation's assets, systems, and data

What You'll Receive

  • 8 hours of hands-on workshop instruction
  • Risk assessment templates and tools (Excel, Word)
  • Asset inventory and risk register templates
  • Threat and vulnerability libraries specific to SMBs
  • Risk matrix and scoring guides
  • Security control selection frameworks
  • Personalised guidance on your risk assessment (live sessions)
  • Completed risk register for your organisation
  • Access to materials for 12 months
  • Certificate of completion

Frequently Asked Questions

Not Ready to Enrol?

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$899AUD
$999EARLY BIRD

Early-bird rate — apply your promo code at checkout.

1

Secure payment via Stripe · Promo codes accepted

Next Intake

September 2026 — register your interest at educ4te.com

Format

Live webinar or self-paced online with guided exercises

Group & Enterprise Options

Discounted rates available for teams of 3+ delegates. Contact us for in-house delivery options.

What's Included

  • 8 hours of hands-on workshop instruction
  • Risk assessment templates and tools (Excel, Word)
  • Asset inventory and risk register templates
  • Threat and vulnerability libraries specific to SMBs
  • Risk matrix and scoring guides
  • Security control selection frameworks
  • Personalised guidance on your risk assessment (live sessions)
  • Completed risk register for your organisation
  • Access to materials for 12 months
  • Certificate of completion

Have questions about this course?