Cyber Insurance Collecting and Storing Cyber attack data using a Cyber Security Surveillance System (CS3) Presenter: Kasturi Balakrishnan

Problem Statement There is no silver bullet for security. All risks cant be mitigated by the best security measures. The lack of actual data for cyber attacks deters risk analysis of cyber threats. Consequently makes risks uninsurable and high premium.

Objective of Research Evaluate the collection of actual cyber attack data by a collaborative surveillance system for cyber threats on the lines of a Public Health Surveillance System(PHSS) Source:

Today’s Situation In the last decade the cyber insurance market had a slow growth but is picking up The increased frequency and sophistication of attacks makes risks inevitable Most models currently used as predictive in nature.

Proposed Solution Build a Cyber Security Surveillance System (CS3) collaboratively Solution evaluates 5 aspects of CS3  Need for a surveillance system  Data feed into a CS3  Potential sources of data  Issues in building a CS3  Recommendations for solving encountered issues