Classification scale will convey impact of systemic cyber events
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Cyber events will be categorised on a scale of one to five
The Cyber Monitoring Centre will categorise major cyber events with immediate effect. The implications for the understanding of cyber risks and harms could be significant.
In a world-first initiative, the Cyber Monitoring Centre (CMC), an independent and non-profit body, will deliver a framework to assess the severity of 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 which is chaired by former CEO of the National Cyber Security Centre, Ciaran Martin, and comprised of leading cyber experts, uses a wide range of data and analysis to assess and categorise incidents against the framework.
The committee will categorise incidents that have a potential financial impact of more than £100 million, that affect multiple organisations and where…
