What cyber insurance is and why it matters
While on a recent business trip to Russia, RIAC web editor Anastasia Tolstukhina met up with Dr. Andreas Kuehn, Senior Program Associate of the EastWest Institute to discuss the EastWest Institute’s recent report “
Cyber Insurance and Systemic Market Risk
”. The report jointly developed with industry leaders Microsoft, Marsh & McLennan, and areco.ai, provides a framework to better understand and address the systemic nature of cyber risk and the challenges...
... existence is a business information security track running parallel to the government.
In February 2017, Microsoft’s President Brad Smith launched the Digital Geneva Convention initiative. The Convention is expected to oblige governments not to take cyber attacks on private sector companies or the critical infrastructure of other states, and not to use hacker attacks to steal intellectual property.
Overall, the document formulates
six basic principles
of international cybersecurity:
No targeting ...
... of Government Experts (UN GGE) that produced successful reports in 2013 and 2015 but failed to do so in 2017. Could these two expert groups make groundbreaking progress, leading UN member states to agree on how to behave in cyberspace and respond to cyber attacks? Despite the positive agenda, some of the most sceptical voices in this discussion come from the business community.
Businesses claim that they have the most to lose from
and are often responsible for dealing with the aftermath....