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Report Home

<Previous Next>
  • Executive Summary
  • Introduction
  • Chapter 1. Developing a Clear Set of Action Areas
    • 1. Institutional Readiness
    • 2. Public and International Policy
    • 3. Community Responses
    • 4. Systemic Responses
  • Chapter 2. Findings: Understanding Cyber Risks and Response Readiness
    • 1. For most companies across sectors and regions, cyber resilience is a strategic risk
    • 2. Executives believe they are losing ground to attackers
    • 3. Large companies lack the facts and processes to make effective decisions about cyber resilience
    • 4. Concerns about cyberattacks are starting to have measurable negative business implications in some areas
    • 5. Substantial actions are required from all players in the cyber resilience ecosystem
  • Chapter 3. Future Scenarios
    • Scenario One: Muddling into the Future
    • Scenario Two: Backlash Decelerates Digitization
    • Scenario Three: Cyber Resilience Accelerates Digitization
    • Applying the Scenarios
  • Chapter 4. Conclusions and Roadmap for Collaborative Action
  • Team and Acknowledgements
Risk and Responsibility in a Hyperconnected World 2014 Home Previous Next
  • Report Home
  • Executive Summary
  • Introduction
  • Chapter 1. Developing a Clear Set of Action Areas
    • 1. Institutional Readiness
    • 2. Public and International Policy
    • 3. Community Responses
    • 4. Systemic Responses
  • Chapter 2. Findings: Understanding Cyber Risks and Response Readiness
    • 1. For most companies across sectors and regions, cyber resilience is a strategic risk
    • 2. Executives believe they are losing ground to attackers
    • 3. Large companies lack the facts and processes to make effective decisions about cyber resilience
    • 4. Concerns about cyberattacks are starting to have measurable negative business implications in some areas
    • 5. Substantial actions are required from all players in the cyber resilience ecosystem
  • Chapter 3. Future Scenarios
    • Scenario One: Muddling into the Future
    • Scenario Two: Backlash Decelerates Digitization
    • Scenario Three: Cyber Resilience Accelerates Digitization
    • Applying the Scenarios
  • Chapter 4. Conclusions and Roadmap for Collaborative Action
  • Team and Acknowledgements

Chapter 1. Developing a Clear Set of Action Areas:

4. Systemic Responses

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A series of actions can greatly improve the quality of conversation on cyber resilience and accelerate coordination. Although thinking on this issue continues to evolve, two areas offer promise in building maturity in the ecosystem:

  • Risk markets. Making use of a developed cyber risk insurance market to trade and monetize the risk from cyber events.
  • Embedded security. Exploring options to embed security parameters earlier into the lifecycle of products, and even into contemporary means of communication, such as the Internet.

Against this backdrop of high-value responses, it is worth noting that another range of actions is likely to deliver low or uncertain value in fostering cyber resilience. For example, while governments may be in a position to disrupt supply chains for attack vectors, such a move by private-sector institutions would seem to be uncertain or counter-productive because of the collateral fallout. For their part, regulators may be able to engage in counter-attacks and service disruptions, but they should be cautious about allowing Internet service providers to engage in similar efforts because of possible reprisals on the overall infrastructure or bystander organizations.

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