Solving Cyber Risk (eBook)

ANDREW COBURN is senior vice president at Risk Management Solutions (RMS) and a director of the Cambridge Centre for Risk Studies, University of Cambridge. The architect of the leading cyber risk model in the insurance industry, he is coauthor of Earthquake Protection, Second Edition. ÉIREANN LEVERETT is the founder of Concinnity Risks and a senior researcher on cyber risk at Cambridge Centre for Risk Studies. An ethical hacker, he was on the multidisciplinary team that built the first cyber risk models for insurance. GORDON WOO is a catastrophist with RMS who helped create the conceptual framework for the RMS Cyber Accumulation Management System. An authority on cyber and insurance risk, he is the author of The Mathematics of Natural Catastrophes and Calculating Catastrophe.

"Solving Cyber Risk brings a technical subject to life using entertaining and poignant parallels to historical warfare. It also makes a compelling argument for the use of counterfactual analysis of past cyber events, to help us protect the digital economy from the cyber aggressors of the future. The authors make the case for cyber resilience and give business leaders practical advice to embed cyber-aware culture in their organisation."
-Domenico del Re, Director, PricewaterhouseCoopers

"Before we can begin to address the serious risks that accompany the modern world's increasing dependence on networked computer systems we have to understand them, and this is the key achievement of Solving Cyber Risk. Anyone reading the book will come away better able to assess, quantify, and reduce the risks faced by their business."
-Bill Thompson, Technology writer and BBC presenter

"Is your organisation cyber-resilient? Are your services? Are you? Starting from practical assessments of how a security breach could damage the organisation, this comprehensive review of the current risk landscape will tell you why it matters, how to assess your own performance, and how to improve it."
-Andrew Cormack, Former Computer Security Incident Response Team (CSIRT) manager

"The essential handbook for anyone that wants to understand the cyber risks facing their business. The authors draw on decades of experience in cyber, insurance and modelling to provide the essential context for the range of potential threats and losses, today and in the future, providing real life case studies and practical advice for assessing and managing the risks."
-Matthew Grant, Founder and Executive Director, Abernite Ltd.

"Whoever feels overwhelmed by the sheer amount of unsorted information - around cyber risk, the uncertainties of managing this risk and its questioned insurability (which I do not share) - should read this book. It helps to ringfence the key issues by classifying, weighting and prioritizing cyber related decisions. It is good for IT security professionals to get familiar with risk management framework and it is equally helpful for risk management professionals to break down the complexity of 'cyber' and focus on the essentials."
-Simon Dejung, Senior Underwriter, SCOR