... and the challenges it presents to the burgeoning cyber insurance industry. It features an overview of the current state of the cyber insurance market along with proposals to help the market mature in a healthy, stable manner while promoting increased cybersecurity. The report is available in English
here
.
Let us start with the basics, what is cyber insurance and why does it matter?
Anastasia Tolstukhina:
Business in Need of Cyber Rules
In its essence, cyber insurance is a simple concept, and the ...
... 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 tech companies, private sector, or critical infrastructure.
Assist private sector efforts to detect, contain, respond to, and recover from events.
Report vulnerabilities to vendors rather than to stockpile, sell, or exploit ...
... common ground, to allow industry to succeed and operate safely within the country.
Maria Smekalova:
Close Your Eyes and Do It: Cybersecurity in 2018
Finally, some matters lie exclusively in the hands of states, such as the protection of nuclear facilities ... ... threat is constantly changing.
This is only likely to increase the risk of critical national infrastructure’s exposure to cyber attacks, driving up the risks to global security. Businesses must play an increasingly role in threat detection and the ...
