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ANSI/ISA to hold meeting on financial impact of cyber risk.

Press Release Summary:

September 10, 2009 - ANSI and ISA are inviting stakeholders to participate in meeting to discuss Phase II of The Financial Impact of Cyber Risk: 50 Questions Every CFO Should Ask, on Sept 29, in NYC. Phase II is focused on developing implementation strategy that addresses questions from Phase I and will include guidance on making decisions related to cyber risk from economic standpoint. Participation is open to stakeholders of standards developing organizations, consortia, industry, government, and consumers.

American National Standards Institute - New York, NY

Original Press Release

ANSI and ISA Invite Stakeholders to Discuss Financial Impact of Cyber Risk

Press release date: September 3, 2009

The American National Standards Institute (ANSI) and the Internet Security Alliance (ISA) invite all interested stakeholders to participate in the third meeting to discuss Phase II of The Financial Impact of Cyber Risk: 50 Questions Every CFO Should Ask. The meeting will be held on September 29, 2009, in New York City. The Financial Impact of Cyber Risk: 50 Questions Every CFO Should Ask is a joint initiative to identify and respond to the current needs of the C-suite community regarding cyber risk. Phase I provided questions that organizations and chief financial officers (CFOs) should explore to identify and quantify the financial risk associated with cybersecurity. The final workshop framework document from Phase I is available for review at webstore.ansi.org/cybersecurity. Phase II is focused on developing an implementation strategy that addresses the questions provided in Phase I. Additionally, this initiative will expand that framework to include guidance on making more informed decisions related to cyber risk from an economic standpoint. A workshop to discuss the continued development of Phase II will take place on September 29, 2009, from 9:00 a.m. to 5:00 p.m. at Phillips Nizer LLP in Manhattan. This is the third and final meeting to discuss the Phase II work effort; the first two were held earlier this summer. Participation is open to all stakeholders who represent standards developing organizations, consortia and other forums, industry, government, and consumers. Attendance is free of charge, but due to space limitations advance registration is required. Further details, including a draft agenda, are forthcoming and will be posted to www.ansi.org/events. For more information or for questions about the September 29 meeting, contact Karen Hughes (khughes@ansi.org; 212.642.4992) or Jessica Carl (jcarl@ansi.org; 212.642.4903.

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