Introduction
Enterprises intangible Risk Management via Economic models based on simulation of modern cyber attacks (Hermeneut) is a Horizon 2020 research and innovation project focusing on economics of cyber security.
Cyber-attacks can harm intangible assets like reputation, Intellectual Property Rights, expertise, and know-how. There is a great disparity between the efficiency of attacks and inadequate defences, partly due to the lack of quantitative information for decision makers to prioritise security investments.
Fostering a culture of risk management, Hermeneut provides individual organisations as well as business sectors with an innovative methodology to assess their vulnerabilities and corresponding tangible and intangible assets at risk.
Key facts
Hermeneut’s cyber-security cost-benefit approach combines integrated assessment of vulnerabilities and their likelihoods with an innovative macro- and micro-economic model for intangible costs, delivering a quantitative estimation of the risks for individual organisations or a business sector and investment guidelines for mitigation measures.
Latest news
HERMENEUT @IEA2018 symposium in Florence
We are excited to be taking part into the next International Ergonomic Association (IEA) congress, […]
HERMENEUT @Digital Insurance Agenda conference
Last May, HERMENEUT’s member Digital Catapult attended the Digital Insurance Agenda conference in Amsterdam. This […]
HERMENEUT 1st workshop “Insurance in Cyber-security”
On the 5th of July 2018 we held our 1st workshop on “Insurance in cyber-security” in Milan, Italy. […]
The limits of cyber insurances
Commercial espionage, cybercrime and sabotage are among others the greatest challenges for governments, the law enforcement and enterprises. […]
What if you could quantify Cyber Risk?
According to Morgan Stanley the “Cyber insurance market” will be soon worth be worth $8bn-$10bn. […]
How to increase organisations’ IT security?
Human error seems to be the main cause of cyberattacks, and statistics confirm this: about 95% of cyberattacks […]