The Cyber Monitoring Centre (CMC), a new UK-based project designed to independently declare and classify systemic cyber attacks using a unique classification scale with the objective of helping organisations understand the nature of systemic security incidents with widespread impacts, has formally begun its work.
Initially a joint project between law firm Weightmans and insurer CFC, the CMC’s objective is to declare and classify systemic incidents on a scale of one through five, where one is the least severe type of incident and five the most dangerous and disruptive. It was initially designed as an aid to the insurance industry, but the results of its work will be freely available to all security risk owners.
It hopes to bring greater clarity and transparency to complex incidents, and help organisations better react to them and prepare for future ones.
“The risk of major cyber events is greater now than at any time in the past as UK organisations have become increasingly reliant on technology. The CMC has the potential to help businesses and individuals better understand the implications of cyber events, mitigate their impact on people’s lives, and improve cyber…
