Cybersecurity & Privacy Innovation Forum

News Updates

Risk Assessment and Cyber Insurance Workshop

(Satellite Event to the Cyber security and Privacy Innovation Forum 2015)

Time/Date : 14.00 - 17.30, 27th April 2015

Location : MCE, Brussels, Belgium

Registration Closed


Workshop abstract

Business companies and individual users can resort to cyber-insurances to protect themselves from risks relating to cyber-attacks, basically the very same they do with respect to the physical goods. While the market is rapidly growing for cyber-insurance (especially in the US soil), showing that there is a strong interest, the adoption is still low and the maturity of the offer pretty at early-stage. Two main reasons emerge. First of all, the lack of historical data relating to cyber-attacks that makes extremely difficult to derive models of "what is good" and "what is bad", so that insurance companies have hard-time to determine premiums and standardized cyber-insurance offers. Second, because computer systems are interdependent and standardized, insurance companies fear the so-called "cyber-hurricane‟, a major cyber-space accident resulting in a unaffordable number of claims.  

This workshop aim to discuss around this topic, with special focus on its fundamental challenges and possible solutions. Prominent experts in the field will share their findings and opinions, challenged by the audience during Q/A sessions and a closing panel to extend the discussion with additional point of views and to wrap-up.  



Luca Compagna (SAP SE)

Fabio Massacci (University of Trento)


14:00 - 14:15: Welcome 

14:15 - 16:45: Invited speakers session, Chair: Fabio Massacci (U. of Trento)

     Cyber-insurance and the NIS directive  

        Ann-Sofie Ronnlund (European Commission)      

     Cyber-insurance as an option for critical infrastructure provider 

        TBC (National Grid or other critical infrastructure provider)

     Cyber-insurance from a broker perspective

        Mr. Stephen Wares, (Cyber Risk Practice Leader for Marsh EMEA)

     Cyber-insurance and public policy

        Prof. Julian Williams (Durham Business School)

     Models for Cyber-risk

        Maarten van Wieren (Deloitte)       

17:00 - 17:30: "Panel & Wrap-up". Chair: Fabio Martinelli (CNR, NIS, WG3 Chair)

Prof Christian Probst (DTU, TRESPASS Project)

Stefano Nanni (UNIPOL)

Massimo Felici (HP)

All invited speakers