NYU Tandon School of Engineering launches cyber resiliency management course in collaboration with DTCC

The first cohort of NYU Tandon School of Engineering (NYU Tandon) graduate students is about to start a new Cyber Resiliency Management course this month, the latest initiative in a multi-pronged program the School is undertaking to expand education in the areas of risk and resiliency as part of its multi-year partnership with DTCC, the premier post-trade market infrastructure for the global financial services industry.

The new one-half spring semester Cyber Resiliency Management Course is an elective offered to students via NYU Cyber Fellows, a program administered by Digital Learning at NYU Tandon within the School’s online M.S. in Cybersecurity program. Instruction begins on March 12, 2024. 

Taught by leading industry professionals, the course introduces students to the concepts and applications of operational, business, and technology resiliency. Key topics include an introduction to resilience, governance, the threat landscape, security by design & default, implementation, and monitoring & testing. 

"Working with DTCC shows the power of fusing academia and industry to cultivate much-needed cybersecurity talent and research," said Jelena Kovačević, NYU Tandon Dean and William R. Berkley Professor. "By combining our expertise and resources, we have made great strides in cybersecurity work at NYU Tandon, boosting this critical institutional priority."  

The new Cyber Resiliency Management Course builds on the successful debut of the Cyber Risk Management Course delivered in 2023, the first DTCC collaboration offered via NYU Cyber Fellows launched, with 37 students completing the inaugural half semester course. 

Both courses include DTCC research and white papers, guest lecturers and real-world case studies as fundamental components of the curriculum and will be offered annually.  

“Innovation in protecting the capital markets demands more than technological prowess; it requires a holistic approach to IT risk and resiliency management. By assisting in the development of curriculum for management courses focusing on risk and resiliency, we are empowering students with the knowledge and skills to navigate the evolving digital landscape and tackle complex risk challenges head-on,” stated Darlene Newman, Executive Director Technology Research and Innovation, at DTCC.  

Leveraging DTCC’s five decades of experience in risk management, resiliency and cybersecurity, the latest course aims to advance the capabilities of NYU's Center for Cybersecurity (CCS) in education and workforce development. 

"DTCC is enriching NYU Tandon’s already strong track record of IT risk management, resiliency and cybersecurity education, including executive and professional education programs," said Joel Caminer, Senior Director in CCS and NYU Coordinator for the DTCC Partnership. "The new courses combine DTCC’s expertise with NYU Tandon’s academic and research fortitude, ensuring students learn the latest in the field."

In addition to the courses, other notable initiatives to deliver on the partnership’s mission of bolstering research, enhancing education and workforce development, and expanding dissemination and outreach effort include:

• The fall 2023 introduction of two DTCC teams in its Vertically Integrated Projects (VIP) program –  DTCC-Supply Chain Research (GY) and DTCC - The Future of Coding with AI. VIP teams engage students in multi-year, multidisciplinary projects that emphasize innovative and research-active education.  
• DTCC’s long-term support of Cyber Security for Computer Science (CS4CS), a free summer course offered to New York City high school students through the Center for K12 STEM Education. 
• Research efforts and academic works to advance understanding of key risk management and resiliency topics. 

Cybersecurity is one of the seven “Areas of Excellence” that define NYU Tandon’s interdisciplinary academic and research priorities. NYU’s Center for Cybersecurity is a university-wide hub for industry-leading cybersecurity research. Ramesh Karri, NYU  Tandon professor of electrical and computer engineering, is its co-founder and co-chair.

Today, more than 750,000 cybersecurity jobs remain unfilled in the United States, signaling a shortfall that could increase risks. Along with DTCC, NYU Tandon aims to grow the pipeline of risk management and cybersecurity professionals and researchers who can fill those gaps and deliver a safer future. 

About DTCC

With 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes and bringing increased security, enhanced resilience and soundness to financial markets. In 2022, DTCC’s subsidiaries processed securities transactions valued at U.S. $2.5 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $72 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 17.5 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook, and Instagram.
 

About the New York University Tandon School of Engineering

The NYU Tandon School of Engineering is home to a community of renowned faculty, undergraduate and graduate students united in a mission to understand and create technology that powers cities, enables worldwide communication, fights climate change, and builds healthier, safer, and more equitable real and digital worlds. The school’s culture centers on encouraging rigorous, interdisciplinary collaboration and research; fostering inclusivity, entrepreneurial thinking, and diverse perspectives; and creating innovative and accessible pathways for lifelong learning in STEM.  NYU Tandon dates back to 1854, the founding year of both the New York University School of Civil Engineering and Architecture and the Brooklyn Collegiate and Polytechnic Institute. Located in the heart of Brooklyn, NYU Tandon is a vital part of New York University and its unparalleled global network. For more information, visit engineering.nyu.edu.