The World Economic Forum released a white paper on cyber resilience in which it introduces the organization’s Cyber Resilience Framework and Cyber Resilience Index . Prepared in partnership with professional services company Accenture, followed the WEF’s Global Cybersecurity Outlook.
The Global Cybersecurity Outlook found that only 55% of cyber leaders considered cyber resilience to be integrated into enterprise risk-management strategies. In response, the industry-agnostic CRF considered existing frameworks to establish six principles with associated best practices and sub-practices.
The working group to develop the CRI brought together by more than 50 executives from the public and private sector and worked for a year. The white paper stressed the interdependence of risk in the Fourth Industrial Revolution and the designation given by WEF founder Klaus Schwab to the changes being brought about by emerging technological advancements.
The next steps for increasing cyber resilience, according to the white paper, is establishing common cyber resilience performance indicators, measuring the causation and correlation within and between ecosystems, and calculating centrality to determine if and how some members carry greater weight in ecosystem resilience.
