IAMBD | Online Training and Certification
Note: Membership is not a prerequisite for obtaining certifications from the association.
Certificate in Board-Level Oversight of Hybrid Risk Management.
Overview
Boards of directors today operate in an environment whose risk characteristics, speed of change, and accountability expectations differ fundamentally from those assumed by traditional governance and oversight frameworks, which were designed for more stable and slower moving operating contexts.
Artificial intelligence, regulatory expectations, geopolitical fragmentation, digital dependency, disinformation, data leaks, supply chain interdependencies, third-party concentration risk, cloud and platform reliance, dual use technologies, cyber physical convergence, and human factor exploitation increasingly interact, transforming localized events into Board level accountability challenges.
Risks that were once discrete, predictable, and manageable within organizational silos have become interconnected, fast moving, and capable of escalating rapidly. In parallel, emerging and frontier risks are developing outside established regulatory and governance frameworks.
The Certificate in Board-Level Oversight of Hybrid Risk Management is designed to equip Board members with a structured, governance focused understanding of how these risks evolve, how they converge, and how Boards are expected to exercise effective oversight under conditions of uncertainty and complexity.
Objectives
This program is designed to support Board members in fulfilling their fiduciary duties, by strengthening their ability to challenge management’s approach to hybrid risk management in an informed, structured, and defensible manner.
A core objective of the program is to support sound Board judgment where quantitative models, historical loss data, and established precedents provide limited guidance. The program explores conditions of uncertainty, and the governance implications of decision making under conditions of ambiguity.
Target Audience
The program has been designed for members of Boards of directors, including non executive and independent directors.
Prerequisites
There are no prerequisites for this program.
Course Synopsis
Introduction.
- The Certificate in Board-Level Oversight of Hybrid Risk Management program.
- The exam.
Part I – Hybrid Risks.
- What is hybrid risk?
- Ambiguity.
- Deniability.
- Simultaneity.
- What is a hybrid threat? Is it different from hybrid risk?
- The evolution of hybrid threats.
- Contagion.
Part II – Hybrid Risk Management.
- The all-hazards approach.
- From the all-hazards approach to Hybrid Risk Management.
Hybrid Risk Management | Step by Step.
Step 1. Establish Board level ownership and accountability.
Step 2. Integrate hybrid risk into Enterprise Risk Management (ERM).
Step 3. Identify and map critical dependencies and single points of failure.
Step 4. Design integrated scenario stress tests for multi domain risks.
Step 5. Run integrated scenario stress tests for multi domain risks.
Step 6. Harden governance, not just controls.
Step 7. Strengthen legal and regulatory resilience.
Step 8. Build narrative defense capabilities.
Step 9. Enhance supply chain and third-party resilience.
Step 10. Align cybersecurity with business and geopolitical reality.
Step 11. Manage cognitive risk.
Step 12: Manage algorithmic and AI mediated risk.
Step 13. Establish the hybrid intelligence function.
Step 14. Continuously adapt.
Hybrid Risk Management | Hybrid Stress Testing.
- Introduction to Stress Testing.
- Blind Spots.
- Hybrid Stress Testing.
- Why is Hybrid Stress Testing different?
- Is the world mature enough for hybrid stress testing?
- Which are the main reasons for resistance to hybrid stress testing?
- Which factors are accelerating the adoption of hybrid stress testing?
- Simulating the Unthinkable: Hybrid Stress Test, Case Study.
- Hybrid Stress Testing for the Artificial Reality Age (ARA).
Hybrid Risk Management | Hybrid Intelligence.
1. Collection.
The six domains.
a. Cognitive Intelligence.
b. Legal Intelligence.
c. Algorithmic and AI Intelligence.
d. Synthetic Cognitive Intelligence.
e. Cyber Intelligence.
f. Supply Chain Intelligence.
2. Fusion.
3. Interpretation.
4. Decision.
Hybrid Risk Management | Principles.
- Ethical and legal principles of Hybrid Intelligence, for the private sector.
- Structural principles of Hybrid Intelligence, for the private sector.
Hybrid Risk Management | Insurability.
- What is insurability?
- Is hybrid risk insurable?
- What is difficult in hybrid risk insurability?
- Can an insurer offer “hybrid insurance coverage?”
- Case study: A simplified hybrid stress test, and the insurability assumptions.
Part III – Emerging and Frontier Risks.
- Hybrid risk is not an emerging or frontier risk.
- Traditional and emerging risks.
- Emerging Risk example: Quantum Computing and Cryptography.
- Frontier Risks.
- Frontier Risk example: Artificial Superintelligence (ASI).
- Frontier Risk example: AI-Human Hybridization.
- Closing Remarks.
Obtain the certificate of completion for the program: Certificate in Board-Level Oversight of Hybrid Risk Management
We will send the program up to 24 hours after the payment. Please remember to check your spam or junk folder, as emails with attachments may occasionally be filtered there.
You are entitled to a full refund within 60 days of your payment. If you decide not to proceed with any of our programs or services for any reason, simply send us an email — we’ll process your refund with no questions asked.
Payments are processed by our strategic partner and service provider, Cyber Risk GmbH (Dammstrasse 16, 8810 Horgen, Switzerland, registered in the Commercial Register of the Canton of Zürich, Company Number: CHE-244.099.341).
The all-inclusive price is $297 (one time fee). There is no additional cost, now or in the future, for this program.
First option: You can purchase the Certificate in Board-Level Oversight of Hybrid Risk Management program with VISA, MASTERCARD, AMEX, Apple Pay, Google Pay etc.
Purchase the program here (VISA, MASTERCARD, AMEX, Apple Pay, Google Pay etc.)
Second option: QR code payment.
i. Open the camera app or the QR app on your phone.
ii. Scan the QR code and possibly wait for a few seconds.
iii. Click on the link that appears, open your browser, and make the payment.
Third option: You can purchase the Certificate in Board-Level Oversight of Hybrid Risk Management program with PayPal
What is included in the program:
A. The official presentations (1102 slides, delivered as downloadable PDF files)
The presentations are designed to support both online and offline study, offering maximum flexibility for busy professionals. Whether you prefer to learn at your desk, on the go, or without an internet connection, the presentations are readily accessible and designed to adapt seamlessly to your individual schedule and learning preferences.
You have complete control over your learning experience, allowing you to progress at your own pace. You can move quickly through topics you’re already familiar with and dedicate more time to areas that require deeper understanding. This self-paced approach ensures efficient, focused learning that fits seamlessly into your professional and personal commitments.
B. Up to 3 online exam attempts per year
To obtain the certificate of completion for the program: Certificate in Board-Level Oversight of Hybrid Risk Management, Board members are required to pass a single exam. If a candidate does not pass on the first attempt, they are encouraged to review the official training presentations and retake the exam.
Each candidate is permitted up to three exam attempts within a 12-month period, starting from the date of the first attempt.
- If the first attempt is unsuccessful, a second attempt is allowed using the same exam credentials.
- If the second attempt is also unsuccessful, a third attempt is permitted, again using the same credentials.
- If the candidate does not achieve a passing score after the third attempt, they must wait one year before retaking the exam. New exam credentials will be issued at that time.
There is no additional cost for any additional exam attempt.
To learn more, you may visit:
https://www.iambd.org/Questions_About_The_Certification_And_The_Exams_1.pdf
https://www.iambd.org/Certification_Steps_1.pdf
C. The Certificate, with a scannable QR code for verification.
You will receive your certificate via email in Adobe Acrobat (PDF) format within 7 business days of passing the exam. Each certificate includes a scannable QR code for verification. For the purposes of this policy, business days are Monday through Friday, excluding weekends and public holidays.
D. One web page of the International Association of Potential, New and Sitting Members of the Board of Directors (IAMBD) dedicated to you (iambd.org/Your_Name.htm).
When third parties scan the QR code on your certificate, they will be directed to your dedicated page on the IAMBD website.
On this dedicated web page, we will display your name, the certificates you have received from us, and images of your certificates.
This is an example:
https://www.iambd.org/Helen_Steiner.htm
Frequently Asked Questions
1. I want to learn more about the International Association of Potential, New and Sitting Members of the Board of Directors (IAMBD).
The IAMBD is an international professional association comprising Board members who commit to ongoing professional education and the continuous enhancement of their governance, risk oversight, and strategic competencies. Members are provided with regular updates in an extensive monthly newsletter, to ensure sustained awareness of evolving legal, regulatory, and market developments.
The IAMBD is wholly owned by Compliance LLC, a company incorporated in Wilmington, NC, with offices in Washington, DC. Compliance LLC provides risk and compliance training and certification in 58 countries.
Several business units of Compliance LLC operate as successful associations, offering membership, weekly or monthly updates, training, certification, interest representation, and other services to their members. The business units of Compliance LLC include:
- The Sarbanes-Oxley Compliance Professionals Association (SOXCPA), the largest Association of Sarbanes-Oxley professionals in the world. You may visit: https://www.sarbanes-oxley-association.com
- The Basel iii Compliance Professionals Association (BiiiCPA), the largest association of Basel iii Professionals in the world. You may visit: https://www.basel-iii-association.com
- The Solvency II Association, the largest association of Solvency II professionals in the world. You may visit: https://www.solvency-ii-association.com
- The International Association of Risk and Compliance Professionals (IARCP). You may visit: https://www.risk-compliance-association.com
The Certified Risk and Compliance Management Professional (CRCMP) certificate, from the IARCP, has become one of the most recognized certificates in risk management and compliance. There are CRCMPs in 58 countries. Companies and organizations around the world consider the CRCMP a preferred certificate.
You can find more about the demand for CRCMPs at: https://www.risk-compliance-association.com/CRCMP_Jobs_Careers.pdf
2. What types of training does the association offer?
The IAMBD provides distance learning and online certification programs globally, along with in-house, instructor-led training programs for companies and organizations in many countries.
For the Certificate in Board-Level Oversight of Hybrid Risk Management you may visit: https://www.iambd.org/Distance_Learning_and_Certification.htm
For instructor-led training, you may contact Lyn Spooner.
3. Are your training and certification programs vendor neutral?
Yes, absolutely. All of our training and certification programs are completely vendor-neutral. This means we do not promote or rely on any specific tools, products, or service providers. Instead, we focus on universally applicable concepts, frameworks, and best practices that are recognized across the industry. Our goal is to provide participants with knowledge and skills that are transferable to any organization or environment, regardless of the technologies or vendors they use. By staying independent from vendors, we ensure that our programs remain objective, practical, and relevant to a wide range of roles and sectors.
4. I want to learn more about the exam.
You can take the exam online from your home or office, in all countries.
It is an open book exam. Risk and compliance management is something you must understand and learn, not memorize. You must acquire knowledge and skills, not commit something to memory.
You will be given 90 minutes to complete a 35-question exam. You must score 70% or higher.
The exam contains only questions that have been clearly answered in the official presentations.
All exam questions are multiple-choice, composed of two parts:
a. A stem (a question asked, or an incomplete statement to be completed).
b. Four possible responses.
In multiple-choice questions, you must not look for a correct answer, you must look for the best answer. Cross out all the answers you know are incorrect, then focus on the remaining ones. Which is the best answer? With this approach, you save time, and you greatly increase the likelihood of selecting the correct answer.
TIME LIMIT - This exam has a 90-minute time limit. You must complete this exam within this time limit, otherwise the result will be marked as an unsuccessful attempt.
BACK BUTTON - When taking this exam you are NOT permitted to move backwards to review/change prior answers. Your browser back button will refresh the current page instead of moving backward.
RESTART/RESUME – You CANNOT stop and then resume the exam. If you stop taking this exam by closing your browser, your answers will be lost, and the result will be marked as an unsuccessful attempt.
SKIP - You CANNOT skip answering questions while taking this exam. You must answer all the questions in the order the questions are presented.
We do not send sample questions or past exams. If you study the presentations, you can score 100%.
When you are ready to take the exam, you must follow the steps: https://www.iambd.org/Certification_Steps_1.pdf
5. How comprehensive are the presentations? Are they just bullet points?
The presentations are not collections of bullet points, they are thoughtfully structured, in-depth learning materials designed to provide clear explanations, context, and real-world relevance. Unlike slide decks that rely on brief summaries, our presentations guide you through each concept in a comprehensive and engaging manner. They are highly effective for both online and offline study, making them ideal for professionals who value substance and flexibility in their learning experience.
6. Do I need to buy books to pass the exam?
No. If you study the presentations, you can pass the exam. All the exam questions are clearly answered in the presentations. If you fail the first time, you must study more. You can:
- Highlight key terms and sections to help you focus during review.
- Add digital sticky notes (just like Post-it notes) anywhere in the document to remind yourself where specific answers or explanations are.
- Underline or circle text using freehand drawing tools.
- Add bookmarks to easily navigate to important sections.
- Search each document using keywords to quickly find what you need.
7. Is it an open book exam? Why?
Yes, it is an open book exam. Risk and compliance management is a field that requires deep understanding, critical thinking, and the ability to apply principles in real-world situations, not the ability to memorize facts. The goal of our programs is to help you build lasting knowledge and practical skills that you can confidently use in your professional role.
In real-life scenarios, you have access to regulations, frameworks, and reference materials, and you are expected to use them thoughtfully. Our open book exam reflects this reality by assessing your comprehension and ability to apply what you've learned, rather than testing your memory.
8. Do I have to take the exam soon after receiving the presentations?
No, there is no fixed exam date. You may take the exam at any time that suits you within four (4) years from the date of your payment. Your access to the training materials, including any future updates, will remain available to you at no additional cost during this four-year period.
The Association reserves the right to amend the General Terms and Conditions (GTC) at any time. Any changes will become effective upon publication on the website of the Association and will apply exclusively to training programs purchased after the date of modification.
For our distance learning and online certification programs, the General Terms and Conditions (GTC) in effect at the time of purchase shall apply for a period of four (4) years from the date of payment. After the expiry of this four-year period, the participant’s access to the program and the right to take the exam shall expire. Any future participation in the program shall require a new enrollment and will be subject to the General Terms and Conditions in force at that time.
The Association may, at its sole discretion, extend the four-year period for individual participants or for a group of participants. Such an extension is a voluntary option of the Association and shall not create any obligation, entitlement, or precedent for future cases.
9. Do I have to spend more money in the future to remain certified?
No. Your certificate is issued with lifetime validity and does not expire. There are no renewal fees, no hidden costs, and no requirement to retake the exam in the future. Once certified, you remain certified.
10. Ok, the certificate never expires, but what about changes in the field?
Things do change. While many organizations introduce mandatory recertification as a recurring revenue stream, we’ve taken a different approach. Although we were advised to "introduce multiple recurring revenue streams to keep business flowing", we made a conscious decision to prioritize long-term value for our members over short-term profit. That’s why no recertification is required for our programs.
Instead, we are committed to keeping you informed and up to date, at no cost. We invite you to visit the Association’s Reading Room each month and explore our newsletter, where you’ll find valuable insights, regulatory updates, timely alerts, and new opportunities. This ongoing access ensures you remain current and well-informed in a dynamic and constantly evolving field.
11. I would like to receive a printed certificate. Can you send me one?
Unfortunately, we do not issue printed certificates. Instead, you will receive your official certificate via email in Adobe Acrobat (PDF) format, which includes a scannable QR code for instant verification. Certificates are issued within 7 business days after you pass the exam. Please note that business days refer to Monday through Friday, excluding weekends and public holidays.
12. What is the refund policy?
You are entitled to request a full refund within 60 days of your payment, no questions asked. If, for any reason, you decide that one of our programs or services is not right for you, simply send us an email within this 60-day window.
Once we receive your request, we will process your refund within one business day. There are no forms to fill out, no explanations required, and no delays.
