The Cyber Monitoring Centre (CMC) announced Thursday it will officially categorize cyber events impacting U.K. organizations, with immediate effect. In a world-first initiative, the CMC will deliver a consistent and objective framework to assess the severity of major cyber events as they occur, categorising incidents on an easy-to-understand scale from one (least severe) to five (most severe).
The CMC’s Technical Committee uses a wide range of data and analysis to assess and categorise incidents against the framework. The Committee is made up of leading cyber experts, chaired by former CEO of the National Cyber Security Centre, Ciaran Martin.
Commenting on this milestone in the U.K.’s approach to cyber risk management, Martin says: “Measuring the severity of incidents has proved very challenging. This could be a huge leap forward. I have no doubt the CMC will improve the way we tackle, learn from, and recover from cyber incidents. If we crack this, and I’m confident that we will, ultimately it could be a huge boost to cyber security efforts not just here but internationally too.”
The CMC will categorize cyber events that have a potential financial…
