Home » Project of the week » PROJECT OF THE WEEK - SECONDO

PROJECT OF THE WEEK - SECONDO

Date: 
15/02/2021 to 19/02/2021

SECONDO addresses the question “How can decisions about cyber security investments and cyber insurance pricing be optimised?”.

SECONDO will support professionals who seek cyber security investments, developed to support human decision making, and a complete well-founded security strategy.

This is a timely research problem, as the rapid growth of cyber-attacks is expected to continue its upwards trajectory. Such growth presents a prominent threat to normal business operations and the EU society itself. On the other hand, an interesting, well-known, finding is that an organisation's computer systems may be less secure than a competitor's, despite having spent more money in securing them. Budget setting, cyber security investment choices and cyber insurance, in the face of uncertainties, are highly challenging tasks with massive business implications.

The project aims to make impact on the operation of EU businesses who often: (i) have a limited cyber security budget; and (ii) ignore the importance of cyber insurance. Cyber insurance can play a critical role to the mitigation of cyber risk. This can be done by imposing a cost on firms' cyber risk through a premium that they have to pay and the potential for paying a smaller premium should they reduce their current cyber security risk. SECONDO has a cross-disciplinary nature, combining mathematical and engineering insights to empower innovative software. Apart from the novel research results, the project will offer a software platform to narrow the gap between theoretical understanding and practice.

To achieve this, the four industrial project partners will i) lead the part of the project where industrial needs will be entered as input to the requirements collection phase, and, ii) provide their innovative software for risk assessment. The three academic partners will work together to i) design and thoroughly describe the proposed methodologies, but also ii) contribute to their software development.

Read more details on the SECONDO mini-site and find out more about the latest update, project results and benefit to the healthcare community.


Visit their official website and social media accounts:

 https://secondo-h2020.eu/

 @H2020Secondo

 /SECONDO project 

Week: 
Monday, 15 February, 2021 to Friday, 19 February, 2021

News

Cyberwatching.eu is sharing with you its new post-webinar report from its 17th webinar on "Cybersecurity risk management: How to strengthen resilience and adapt in 2021". The webinar focussed on standardisation and certification, in particular in relation to the large European SME community with presentations from ECSO, which provided a policy setting to the webinar and key players such as SGS, and Cyberwatching.eu partners Digital SME Alliance and AON. And, shone the light on R&I research into the topic. Six R&I projects CyberSure, CUREX, GEIGER, PANACEA, RESISTO and SECONDO, presented their research in the field highlighting the risk management challenge they address, the key results and the main impacts of these results on European organisations (in particular SMEs).

Future Events

On 8 March, join CONNECT University in celebrating the International Women's Day 2021, together with Digital Single Market, Women4Cyber and ENISA, on an online session on "Women in Cybersecurity" at 14:00 CET.

08/03/2021

Save the date: 9 March 2021, 11.00 – 12.30 CET

The Open Call Webinar organized by the TRINITY consortium will guide you through the application process for the TRINITY funding to give you all the instruments necessary to submit a competitive proposal! Don’t miss it.

Webinar Agenda

11.00 – 11.10 Introduction to TRINITY Open Call #2- Prof. Minna Lanz, Professor of Mechanical Engineering at Tampere University and TRINITY Coordinator.

09/03/2021