Coso framework tailoring and scoping stage

ERM, COSO

1. COSO FOR COOPBANK By : Shiferaw Bekele Date: February 18, 2022

2. outlines About COSO Implementation Techniques Wrap-up Significance of COSO COSO vs others COSO Justification

3. About COSO Developed by advisory council representatives from industry, academia, gov’t, & non-profit. 01 intended to provide tools for C-level mgt & board members. 02 Comprehensive frameworks on ERM, IC, & fraud deterrence. 03 Designed to improve org nal performance/governance. 04

4. COSO Justification 04 1992-2004-2010-2013-2015-2019-next 03 Organized as: executive summary, framework itself (), appendices, application guide with illustrative tools. 02 Sponsored/funded by d/t sectors. 01 Designed to reduce the level of fraud in orgn/bank.

5. COSO Justification… Changed area: codification, clarification, expanded R-category(int/ext financial/non-fin, greater discussion of anti-fraud govern Factors new bss env’t, globalization, expectation on govern, impact of technology, demand of transparency SO WHAT? 01 02 03

6. 2015-COSO in z Cyber Age: white paper 3D Objective Org structure So, in which D shall we focus? D1 D3 D2 Component

7. 3-demnsions of IC, cited from COSO in the Cyber Age 2015

8. 17 principles vs. 5-Components, Cited from COSO Cyber in the Cyber Age 2015

9. Interconnection of z 5-components, Cited from COSO in the Cyber Age 2015

10. 01 My Team 03 My Process 02 My Directorate 04 COOPbank COSO Significance Secure + Vigilant +Resilient bank

11. COSO Significance … Secure + Vigilant +Resilient bank COOPBank New growth Strategy Mission Vision Principles Process IC ERM Compliance Sub-process FRM ORM Cyber Security & BSS Continuity Mgt Team Cyber Risk Assessment/Taxonomy Cyber Security Capacity Building program Cyber Security Governance Tools Development

12. Way of implementing COSO in COOPBank Alignment Tailoring/Scoping Deming cycle PDCA Risk mgt cycle AAT Implement Techniques

13. The more we secured the more we profited COOPbank should invest in cost-justified security controls Wrap-Up

14. YOU! THANK