InstructorTerri Hays
TypeOnline Course
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Tuition Options


PracticeEdge Elite™

Standard Tuition $400 US

Senior Fellow Darren Wray, Chief Executive Officer , Fifth Step Limited

In the wake of the SEC Cybersecurity Risk Alerts and Guidance issued in early 2015, cybersecurity assessment, risk mitigation and tactical remediation within the framework of fund governance is a critical priority for managers. Effective cybersecurity resiliency is multidisciplinary effort starting in the boardroom and cascading down through all facets of business, compliance and technology. This course will give insight and help you develop a practical approach in creating a cybersecurity framework for your organization. We will have a candid discussion on the importance of establishing an effective knowledge platform given the fact that people have become the new cybersecurity perimeter. Speaking faculty members will share several strategies and tools for mitigating risks in a practical and achievable manner including the effective use of cybersecurity insurance. As well as, provide various approaches and solutions drawn from experiences to address specific risk areas for your organization.

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Students will master the following at the conclusion of this session:

  • Embrace the importance of board level participation in cybersecurity strategy
  • Define the role of the Chief Information Security Officer (CISO)
  • Discover which CISO model may be best for your organization
  • List the critical steps in establishing an effective cybersecurity framework
  • Recognize the value of cybersecurity knowledge platforms in your organization
  • Establish a Cybersecurity Readiness program
  • Apply best practice approaches to Vendor cybersecurity compliance
  • Discover about the intricacies and benefits of cybersecurity insurance products


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Senior Fellow from Practice:

  • Darren Wray, Chief Executive Officer , Fifth Step Limited

Guest Lecturers:

  • Kevin Goldstein, Director, Management Consulting, Alternative Investments Advisory, KPMG
  • Maura Harris, Independent Consultant, Operational Risk Management
  • Randy Herold, Senior Level Security Executive, Large Multinational Insurance Company
  • Edward McNicholas, Partner & Co-Leader , Privacy Data Security & Informational Law Practice, Sidley Austin LLP
  • Phil Lear, Business Consulting Director, Fifth Step Limited
  • Ben Nathan, Information Security Officer, Fifth Step Limited

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Accreditation Information

CLE Information

Credit Hours: 4
Subject Area: Professional Practice
States: Contact Curriculum Advisor For More Information

CPE Information

Credit Hours: 6
Subject Area: Accounting
States: Contact Curriculum Advisor For More Information


Course ID Number:  8285


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On-Demand Web Programs and Segments are approved in:

Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6,  North Carolina7, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14and Wyoming*.

Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.

Please Note: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. RCA programs may qualify for credit based on the requirements outlined in the MCLE Regulations and Ariz. R. Sup. Ct. Rule 45.

*RCA will apply for credit upon request. Louisiana and New Hampshire: RCA will apply for credit upon request for audio-only on-demand web programs.

1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.
2Iowa:  The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.

3Missouri:  On-demand web programs are restricted to six hours of self-study credit per year.  Self-study may not be used to satisfy the ethics requirements.  Self-study can not be used for carryover credit.

4New Hamphsire:  The approval is for three years from recorded date.

5New Mexico:  On-Demand web programs are restricted to 4.0 self-study credits per year. 


6New York:  Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats.

7North Carolina:  A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs. 


8Ohio:  To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at  Online programs are considered self-study.  Ohio attorneys have a 6 credit self-study limit per compliance period.  The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.

9Oklahoma:  Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.


10Pennsylvania:  PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.

11Rhode Island:  Audio Only On-Demand Web Programs are not approved for credit.  On-Demand Web Programs must have an audio and video component.

12Tennessee:  The approval is for the calendar year in which the live program was presented.

13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.

14Wisconsin: Ethics credit is not allowed.  The ethics portion of the program will be approved for general credit.  There is a 10 credit limit for on-demand web programs during every 2-year reporting period.  Does not approve of Audio-only On-Demand Webcasts.


Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.

If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.