HERMENEUT - Enterprises intangible Risks Management via Economic models based on simulatioN of modErn cyber-aTtacks

Date: 
05/01/2017 to 30/04/2019

Introduction

The project aims at developing modelling of cyberattacks, measuring their intangible impacts both at micro and macro levels and developing simulation approaches to cyber risks management.

Who is the project designed for?

The project cover both large companies and SMEs, with specific test sectors : Healthcare, IP intensive industries, platforms and financial services. Stakeholders are both CISO, CIO , Executives and also insurers and analysts. Policy implications are also covered.

How is your project benefitting the end-user?

By offering practical tools as well as one of the first quantitative measurement of the effective impacts on firms.

Please briefly describe the results your project achieved so far

Development of modelling and practical tools for assessing the likelihood of cyberattacks as well as measuring the impact of firms in monetary terms. The project also developed simulation approaches for risk analysis and risk mitigation measures.

What are the next steps for your project?

Finalising the intangible economic impacts and developing sectoral case studies into more detail, s taking into account the likelihood of the attacks as well as risk mitigation measures and sectoral specificities.

Week: 
Thursday, 22 March, 2018

News

Call for experts for a group on liability and new technologies

The European Commission has launched a call for experts for a group on liability and new technologies. The deadline for application is 30 April 2018.

New technologies such as artificial intelligence, advanced robotics and the Internet of Things bring enormous opportunities in various fields (transport, healthcare, agriculture, manufacturing). At the same time they could raise challenges related to liability, which is why the Commission wants to initiate a discussion on the way forward.

The main tasks of the Expert Group will be:

Events

26/04/2018
Brussels - Concertation Meeting, 26/04/2018

The registration is open for the first Cyberwatching.eu Concertation meeting, Brussels, 26 April 2018.

08/05/2018
Free and Safe in Cyber Space conference

Free and Safe in Cyber Space conference aims at building a constructive dialogue and a critical mass of suitable actors around new dual-use cybersecurity standards and certifications and complaint open technologies and ecosystems.