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American National Standards Institute
ANSI and the ISA Release New Action Guide to Help CFOs Prepare for Cyber Attacks
November 9th, 2008
The American National Standards Institute (ANSI) and the Internet Security Alliance (ISA) released a new action guide to assist business executives in the analysis, management and transfer of financial risk related to a cyber attack. In 2004, the Congressional Research Service estimated the annual economic impact of cyber attacks on businesses -- which can come from internal networks, the Internet or other private or public systems -- to be more than $226 billion. In 2008, U.S. Department of Homeland Security Secretary Michael Chertoff named cyber risks one of the nation's top four priority security issues. "We are experiencing a financial meltdown...
Source: Pharma Investments, Ventures & Law Weekly (2008-11-09)
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