NIST publishes draft Cyber Risk Framework

Link to NIST Computer security portal

The US National Institute of Standards and Technology (NIST)  has now released its draft of the delayed cyber security framework recommendation for Information Technology best practices.
The document which was produced in response to President Obama’s executive order in February 2013 details the result of the work undertaken within industry are being adopted by organisations aimed at improving the cyber security of critical infrastructure organisations. 

CRIF submission to BIS on Cyber Risk

Cyber Risk Call for evidenceIn March 2013, the UK Department for Business, Innovation and Skills issued a “Call for Views and Evidence”  that built on the commitments made in the 2011 Cyber Security Strategy published by government.

The Call for Evidence focused on the intention of government to encourage the adoption of industry led standards that can be used by organisations to  improve the management of cyber risk.

Government boosts support to SME's to address rising Cyber threats

Innovation Vouchers TSB - Cyber Risk

The Information Security Breaches Survey, commissioned by the Department for Business, Innovation and Skills (BIS), reveals that the number of cyber attacks hitting businesses has increased over the last year. It showed 87% of small firms experienced a security breach last year - up 10% - and 93% of large organisations had also been targeted and found some attacks caused more than £1 million of damage.


Government tasks FSA to product cyber security guidance for financial services sector

The Financial Services Authority (FSA) will shortly be publishing a review cyber security across the financial services sector.

Greg Clark (MP), financial secretary to the Treasury has reported to Parliament that the Bank of England and the Treasury are working with the FSA to review how cyber security is currently managed across the finance sector. Working with other agencies the procedures of a number of financial institutions will be benchmarked in a programme led by the FSA.

Cyber Security Insurance Workshop Report - NPPD/DHS

In November 2012 the National Protection and Programs Directorate of the US Department of Homeland Security released the findings from its Cybersecurity Insurance workshop.

The workshop was delivered in November and engaged with a diverse group of stakeholders to discuss how organisations may better develop an effective connection between the cyber security activities they undertake and the broader topic of insurance.  Over 60 participants attended to discuss the issues and opportunities.

UK Cyber Strategy : Landscape Review NAO


National Audit Office The National Audit Office scrutinizes public spending for Parliament and is independent of government. 

This landscape review describes government’s evolving approach to cyber security and describes the programme of work it has under way.

In this report the National Audit Office describes the U.K.'s national cyber security strategy in some detail looking at both opportunities and threats. It details how the £650 million of investment currently planned over the next three years is being used and aligns with the broader interests of the UK.