Meeting to address financial impact of cyber risk.

Press Release Summary:



ANSI and Internet Security Alliance invite all interested stakeholders to participate in second meeting to discuss Phase II of Financial Impact of Cyber Risk: 50 Questions Every CFO Should Ask. Scheduled for August 18, Phase II will focus on developing implementation strategy that addresses questions provided in Phase I. It will also expand that framework to include guidance on making more informed decisions related to cyber risk from economic standpoint.



Original Press Release:



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



The American National Standards Institute (ANSI) and the Internet Security Alliance (ISA) invite all interested stakeholders to participate in the second meeting to discuss Phase II of The Financial Impact of Cyber Risk: 50 Questions Every CFO Should Ask. The meeting will be held on August 18, 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 cyber security. The final workshop framework document from Phase I is available for review at webstore.ansi.org/cybersecurity. [see related news item]

Phase II will focus 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 development of Phase II will take place on August 18, 2009, from 9:00 a.m. to 5:00 p.m. at Zurich North America in Manhattan. This is the second meeting to discuss the Phase II work effort; the first was held in July.

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. Click here to register.

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 August 18 meeting, contact Karen Hughes (khughes@ansi.org; 212.642.4992) or Jessica Carl (jcarl@ansi.org; 212.642.4903).

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