WEF Presents Cyber ​​Resilience Framework and Index for Increasing Organizational Security

The international organization reviewed ten cybersecurity frameworks when creating its comprehensive version with six principles and numerous good practices. New

The World Economic Forum (WEF) released a Cyber ​​Resilience White Paper on Thursday in which it outlines the organization's Cyber ​​Resilience Framework (CRF) and Cyber ​​Resilience Index (CRI). The document, prepared in conjunction with professional services firm Accenture, followed the WEF's Global Cybersecurity Outlook, released in January.

The Global Cybersecurity Outlook found that only 55% of cyber leaders believe cyber resilience should be integrated into enterprise risk management strategies. In response, the industry-independent CRF considered existing frameworks to establish six principles with associated best practices and sub-practices. These, in turn, provided 64 performance metrics that inform the IRC.

“The working group to develop the CRI brought together more than 50 public and private sector executives and worked for a year,” Algirde Pipikaite, head of the WEF Center for Cybersecurity, told Cointelegraph by e -mail. "We held eight workshops, one-on-one consultations, and collected written feedback from the community."

Related: Chainalysis Launches Reporting Service for Companies Targeted by Crypto-Related Cyberattacks

The white paper highlighted the interconnectedness of risks in the Fourth Industrial Revolution – the designation given by WEF founder Klaus Schwab to the changes brought about by emerging technological advances. It stated:

“The Fourth Industrial Revolution means that systemic interdependence is both the risk and the reward of the opportunity, as the value and impact on the future is exponential rather than cumulative, and every day counts. "

The WEF has estimated that the Fourth Industrial Revolution will create $100,000...