DAILY NEWS Feb 6, 2012 4:48 PM - 0 comments

RIMS launches how-to guide for handling cyber risk

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2012-02-06

The Risk and Insurance Management Society (RIMS) has launched a guide for risk managers to manage cyber risks using an enterprise risk management (ERM) approach.
The report is a joint effort between RIMS, Identity Theft 911 and USLaw Network.
ERM Best Practices in the Cyber World is a 29-page, how-to guide designed to help organizations successfully manage data risk through an ERM approach.
The report explores the best data risk management practices; concepts and challenges; the advantages and potential pitfalls of data risk assessments; steps to undertake an attorney-directed assessment project; practical solutions for weathering the cyber storm; and possible coverage opportunities under existing or newly available insurance policies.
The full report can be purchased at www.RIMS.org/RIMStore.
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