cyber risk governance

European risk experts have called for organisations to create dedicated internal cyber risk governance groups to address digital risks across the whole enterprise as the threats evolve
The European Commission estimates at least 80% of businesses have experienced a cybersecurity incident in the last year. In 2018, FERMA has published three reports to support risk professionals and insurance buyers in dealing with cyber threats and understand risk transfer options:  Preparing for Cyber Insurance, a practical guide; a new edition of the Cyber Governance Report and a report containing presentations and interviews from the 2018 FERMA Seminar.
In this featured article publish in June in the European Cybersecurity Journal, FERMA Board member Philippe Cotelle is drawing some first conclusions after more than 10 years of cyber insurance offering in Europe. A gap between supply and demand remains despite insurance capacities being available.
The accelerating worldwide trend of digitisation represents a key business opportunity for European organisations, but also brings with it key business risks. With recent cyber attacks increasing concerns on what the risk experts see as a wider lack of focus on risk governance in cyber security, how can companies in Europe meet their obligations under EU regulations?
European risk managers share the priorities expressed in the World Economic Forum Global Risk Report 2018 published on 17 January about the threat to the environment from extreme environmental events, the potential failure of climate change adaptation, and cyber risks.
The European Commission has adopted a series of measures to increase the cyber protection of European industries and citizens including a Cyber Security Agency and EU cyber certification scheme.
European risk experts have called for organisations to create dedicated internal cyber risk governance groups to address digital risks across the whole enterprise as the threats evolve

Registration is now open for the high level event organised by FERMA at the European Parliament on 29 June for the publication of At the Junction of Corporate Governance and Cybersecurity.  This report, developed jointly with the European Confederat

The latest cyber attack illustrates that the management of cyber risks should be an enterprise-wide project directed from board level within a sound governance framework...
European risk experts have called for organisations to create dedicated internal cyber risk governance groups to address digital risks across the whole enterprise as the threats evolve
A new joint working group between FERMA and the European Confederation of Institute of Internal Auditing (ECIIA) will begin work in early 2017, to help companies develop cyber risk governance. This follows a call for experts from among FERMA’s members to participate.
Economic growth is going to come from the digital economy.  Digital risks have to be considered at board level because they can affect the value of the company. In this digital world, therefore, high quality risk management will contribute to the value of the business.
A unique chance to get insights on the way the US federal government is supporting businesses to mitigate cyber risk. With the exclusive presence of the Honorable John Carlin, US Assistant Attorney General for National Security.