Cybersecurity is no longer a simple buzzword, especially in a supply-chain context. Very quickly some compelling data coming from the US: 53% of organisations have experienced at least one third-party-caused data breach, with remediation costs averaging $7.5 Million.
Furthermore, according to the Allianz Risk Barometer, cyber risks are the main cause of concern for businesses in 2022 at 44% and have outstripped supply chain supply difficulties, natural disasters, climate change, and the evolution of the pandemic. Companies are at risk. Other confirmations come from the Global Cybersecurity Outlook 2022 released by the World Economic Forum which underlines these fears given that 4 out of 10 companies have declared that they have suffered cyber attacks in the last two years. According to relevant experts, there should be an evolution from cybersecurity to cyber-resilience to contribute to overcoming these issues.
In this scenario, cybersecurity insurance is a new and emerging industry, and companies that purchase these products are considered early adopters in a very dynamic and fluctuating environment where cybersecurity policies suddenly change depending on the severity of the associated cyber risks.
Hyper, as a partner of CYRENE, is continuously monitoring all these interwoven aspects to identify concrete possibilities to take the project’s solutions to the market considering potential cooperation with stakeholders that are already on the market (e.g. insurances, as already mentioned before), yet still needing innovative complementary features which CYRENE proposition(s) could contribute to providing. We have one year and a half ahead before the project’s completion, and our intention is to cooperate with the rest of the consortium to pave the way for successful exploitation of CYRENE outcomes, for our sake and for the sake of supply chains actors.
So what do you think? Would your organization use the CYRENE Solution? Reach out to us and share your views either by using our contact form or by following our social media accounts on Twitter and LinkedIn.
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This blog is signed by: the Hyperborea Srl team
Project Coordinator: Sofoklis Efremidis
Institution: Maggioli SPA
Duration: 36 months
Participating organisations: 14
Number of countries: 10
Represented by FP’s external advisor, Prof. Nineta Polemi, @CYRENE_H2020 was present at the #ESDC/SFP online Course titled “The EU’s #Cybersecurity Strategy for Digital Decade”. The course was organized on May 10-1 2022, More here:Read More
Are you interested in #cybersecurity certification for #SupplyChainServices? Do you believe that a unified regulatory framework is a must for #supplychains? Stay Up-to-date with #CYRENE, subscribe to our newsletter here: https://t.co/Fz1kRFR7H1Read More
Join @CYRENE_H2020 at the #CyberHOT Summer School 2022! On September 29-30, 2022, under the auspices of the @nmiotc. Registrations are open! Read more here:Read More
Join @CYRENE_H2020 at the #CyberHOT #SummerSchool 2022 on September 29-30, 2022, under the auspices of the @nmiotc, and advance your #security knowledge to practical, effective #cyber incident expertise! Registrations are open:Read More
This project has received funding from the European Union’s Horizon 2020 Research and Innovation program under grant agreement No 952690. The website reflects only the view of the author(s) and the Commission is not responsible for any use that may be made of the information it contains.