Nexorium Training Institute — Professional Training, Corporate Training & Capacity Building Courses in Nairobi, Kenya

he Cryptocurrency Risk Management, Security & Compliance course provides a comprehensive understanding of the risks, security threats and compliance challenges associated with cryptocurrencies and other digital assets. It is designed to help professionals identify, assess, monitor and manage financial, operational, cybersecurity, fraud, regulatory and reputational risks arising from cryptocurrency activities.

The course examines cryptocurrency security controls, digital-wallet protection, custody risks, transaction monitoring, fraud prevention, Anti-Money Laundering (AML), Know Your Customer (KYC), sanctions screening, suspicious transaction identification, governance, internal controls and regulatory compliance. Participants work with practical scenarios and case studies to develop effective cryptocurrency risk and compliance frameworks for financial institutions, fintech organisations, Virtual Asset Service Providers (VASPs) and other organisations dealing with digital assets.

Course objectives

Understand the major risks associated with cryptocurrency and digital-asset activities.
Develop practical approaches for cryptocurrency compliance, incident response and risk reporting. Target Audience
Establish appropriate governance, policies and internal controls for cryptocurrency activities.
Develop effective digital-asset security and access-control procedures.
Understand cryptocurrency transaction monitoring and suspicious activity detection.
Apply AML/KYC principles to cryptocurrency and virtual-asset activities.
Identify common cryptocurrency fraud, scams and cyber threats.
Understand cryptocurrency wallet, custody and private-key security risks.
Develop appropriate cryptocurrency risk-management frameworks and controls.
Identify and assess financial, operational, cybersecurity and compliance risks.

Who should attend

Risk managers, compliance officers, AML/KYC professionals, cybersecurity professionals, auditors, internal-control officers, banking and financial-services professionals, fintech professionals, Virtual Asset Service Provider (VASP) personnel, regulators, investigators, accountants, investment professionals, information-security managers, business executives and professionals responsible for cryptocurrency and digital-asset operations.

Course content

Module 1: Cryptocurrency Risk Landscape and Risk Management Fundamentals Cryptocurrency risk environment, characteristics of digital-asset risk, traditional versus digital-asset risks, financial risks, operational risks, technology risks, cybersecurity r
Module 2: Cryptocurrency Market, Financial and Investment Risks Cryptocurrency price volatility, market risk, liquidity risk, concentration risk, leverage and exposure, counterparty risk, exchange risk, stablecoin risks, valuation challenges, digital-ass
Module 3: Digital Wallet, Custody and Private-Key Security Hot and cold wallets, custodial and non-custodial wallets, public and private keys, seed phrases, hardware wallets, multi-signature wallets, institutional custody, key-management risks, wallet ac
Module 4: Cryptocurrency Cybersecurity and Threat Management Cryptocurrency-related cyber threats, phishing, social engineering, malware, ransomware, credential theft, private-key attacks, wallet compromise, exchange attacks, malicious applications, acco
Module 5: Cryptocurrency Fraud, Scams and Financial Crime Cryptocurrency fraud patterns, investment scams, impersonation, phishing scams, fake exchanges, fraudulent tokens, Ponzi and pyramid schemes, social-engineering attacks, transaction manipulation,
Module 6: AML, KYC and Customer Due Diligence for Cryptocurrency Anti-Money Laundering principles, Know Your Customer requirements, customer identification, customer risk classification, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), benefic
Module 7: Cryptocurrency Transaction Monitoring and Blockchain Analytics Cryptocurrency transaction lifecycle, blockchain transaction records, wallet addresses, transaction patterns, transaction monitoring, unusual activity, risk indicators, transaction
Module 8: Sanctions, Regulatory and Compliance Risk Sanctions screening, restricted persons and entities, geographic risk, regulatory obligations, licensing and registration concepts, regulatory reporting, record keeping, consumer protection, compliance
Module 9: Cryptocurrency Governance, Policies and Internal Controls Digital-asset governance frameworks, roles and responsibilities, risk appetite, cryptocurrency policies, acceptable-use policies, custody policies, transaction approval procedures, segre
Module 10: Incident Response, Business Continuity and Recovery Cryptocurrency security incidents, wallet compromise, stolen credentials, fraudulent transactions, exchange incidents, cyberattacks, incident detection, containment, investigation, evidence p
Module 11: VASP Risk Management and Operational Compliance Virtual Asset Service Provider risk profiles, cryptocurrency exchanges, brokers, custodians, wallet providers and payment providers, customer onboarding, transaction processing, custody operation
Module 12: Enterprise Cryptocurrency Risk Framework and Compliance Programme Developing a cryptocurrency risk register, risk assessment methodology, control frameworks, risk indicators, compliance monitoring, audit programmes, security assessments, AML/K

General notes

This course is designed for professional risk management, cybersecurity, compliance, AML/KYC, governance and operational control applications. It does not focus on speculative cryptocurrency trading and does not require participants to purchase or hold cryptocurrency.
Practical activities can be conducted using blockchain explorers, simulated transactions, case studies, transaction-monitoring scenarios, risk-assessment templates and controlled learning environments. The programme can be customised for banks, financial institutions, fintech companies, VASPs, regulators, government agencies, investment organisations and corporate risk or compliance departments.
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Frequently asked questions

01 1. What is the Cryptocurrency Risk Management, Security & Compliance course about?

The course focuses on identifying, assessing and managing the financial, operational, cybersecurity, fraud, AML/KYC, regulatory and governance risks associated with cryptocurrency and digital-asset activities.

02 2. Do I need prior cryptocurrency knowledge?

No. The course introduces the cryptocurrency risk environment and progressively covers more advanced areas such as digital-asset security, transaction monitoring, AML/KYC and governance.

03 3. What types of cryptocurrency risks will I learn about?

The course covers market, liquidity, counterparty, operational, cybersecurity, custody, fraud, regulatory, compliance, reputational and concentration risks, among others.

04 4. Will cryptocurrency cybersecurity be covered?

Yes. Participants examine phishing, social engineering, malware, credential theft, private-key attacks, wallet compromise, account takeover, insider threats and other cryptocurrency-related cybersecurity risks.

05 5. Does the course cover cryptocurrency custody risks?

Yes. Participants examine custodial and institutional custody arrangements, key-management risks, segregation of duties, access controls, third-party custody and procedures for protecting digital assets.

06 7. Will regulatory and compliance issues be discussed?

Yes. The course covers cryptocurrency regulatory risk, compliance programmes, licensing and registration concepts, regulatory reporting, record keeping, consumer protection and managing regulatory change.