potential use of nis platform guidance for cyber-insurance purposes
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2014 FERMA
Potential use of NIS Platform Guidance for cyber-insurance purposes
3rd NIS Network & Information Security Platform Plenary meetingBrussels, 30 April 2014
Julien Bedhouche FERMA European Affairs Adviser
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BACKGROUND
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FERMA Presence22 member associations in 20 countries
4336 individual members who are responsible for risk management and / or insurance in their organisations
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Purpose
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Cyber is still an emerging risk• The Global Risks Report from the World Economic
Forum 2014 identified Digital Disintegration as one of three key areas of global risk
• While the Internet is designed for resilience, it has little inherent security and so “attackers” have still the advantage over “defenders
• Organizations need to respond through strategic planning, and review their resilience framework
• But organizations cannot solve these problems on their own and there is a need for more joint working at a global, regional and local level
• There is a need for more long term thinking
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Cybersecurity and Risk Managers
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The NISP Guidance Documents
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Kite marks and standards
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Current situations for companies
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The world continues to learn
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Cyber insurance
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Cyber insurance in the NISP documents (p.3, 4 & 28)
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Shortcoming for Critical National Infrastructures
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Insurers becoming more cyber-savvy
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CONCLUSIONS 1/2
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CONCLUSIONS 2/2
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Legal Notice2014 FERMA. All rights reserved. You are not permitted to create any modifications or derivatives of this presentation or to use it for commercial or other public purposes without the prior written permission of FERMA.
Although all the information used was taken from reliable sources, FERMA does not accept any responsibility for the accuracy or comprehensiveness of the details given.
All liability for the accuracy and completeness thereof or for any damage resulting from the use of the information contained in this presentation is expressly excluded.
Under no circumstances shall FERMA be liable for any financial and/or consequential loss relating to this presentation.
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