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HERMENEUT SIGNED

Enterprises intangible Risks Management via Economic models based on simulatioN of modErn cyber-aTtacks

Total Cost €

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EC-Contrib. €

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Partnership

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Project "HERMENEUT" data sheet

The following table provides information about the project.

Coordinator
ENGINEERING - INGEGNERIA INFORMATICA SPA 

Organization address
address: PIAZZALE DELL'AGRICOLTURA 24
city: ROMA
postcode: 144
website: www.eng.it

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Italy [IT]
 Project website http://www.hermeneut.eu
 Total cost 2˙007˙692 €
 EC max contribution 2˙007˙692 € (100%)
 Programme 1. H2020-EU.3.7.4. (Improve cyber security)
 Code Call H2020-DS-SC7-2016
 Funding Scheme RIA
 Starting year 2017
 Duration (year-month-day) from 2017-05-01   to  2019-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ENGINEERING - INGEGNERIA INFORMATICA SPA IT (ROMA) coordinator 290˙108.00
2    DEEP BLUE SRL IT (ROMA) participant 296˙987.00
3    UNIVERSITE PARIS-SACLAY FR (SAINT AUBIN) participant 293˙831.00
4    CEFRIEL SOCIETA CONSORTILE A RESPONSABILITA LIMITATA IT (MILANO) participant 224˙065.00
5    BRANDENBURGISCHES INSTITUT FUR GESELLSCHAFT UND SICHERHEIT GGMBH DE (POTSDAM) participant 176˙375.00
6    DIGITAL CATAPULT UK (LONDON) participant 167˙325.00
7    ELTA SYSTEMS LTD IL (ASHDOD) participant 140˙000.00
8    DEDALUS ITALIA S.P.A. IT (FIRENZE) participant 138˙875.00
9    EUROPEAN ORGANISATION FOR SECURITY SCRL BE (BRUXELLES) participant 138˙812.00
10    PROPRS Ltd. UK (Oxford) participant 76˙403.00
11    ZENABYTE SRL IT (GENOVA) participant 58˙471.00
12    PAGNANELLI RISK SOLUTIONS LIMITED UK (LONDON) participant 6˙437.00
13    NOEMALIFE SPA IT (BOLOGNA) participant 0.00
14    UNIVERSITE PARIS-SUD FR (ORSAY CEDEX) participant 0.00

Map

 Project objective

IT security and risk management often ignore or underestimate the human factor (psychological, behavioural, societal, organisational and economic aspects) in the identification of cyber-risks, their quantitative economic impact and the costs of countermeasures. Cyber-attacks can harm intangible assets like reputation, IPR, expertise, and know-how. And there is severe imbalance between the efficiency of attacks and inadequate defences, due in part to the lack of quantitative information for decision makers to prioritise security investments. To foster a culture of risk management by an individual organisation or a complete sector, HERMENEUT answers: What is the real fallout of a data compromise and the long-run consequences on associated assets? What are the losses for intangible assets? Do other type of attacks (beyond data breach) severely impact intangible and tangible assets? HERMENEUT assesses vulnerabilities of organisations and corresponding tangible and intangible assets at risk, taking into account the business plans of the attacker, the commoditisation level of the target organisations, the exposure of the target and including human factors as well as estimating the likelihood that a potential cyber-attack exploits identified vulnerabilities. HERMENEUT’s cyber-security cost-benefit approach combines integrated assessment of vulnerabilities and their likelihoods with an innovative macro- and micro-economic model for intangible costs, delivering a quantitative estimation of the risks for an organisation or a business sector and investment guidelines for mitigation measures. 11 partners from 6 countries deliver an innovative methodology and advanced macro- and micro-economic models and make it available to the European research community. HERMENEUT implements its innovations in a decision support tool, tested with 2 users in healthcare and an IPR-intensive industry.

 Deliverables

List of deliverables.
Micro (sectoral) estimates of intangibles cyber-risks Documents, reports 2020-04-08 22:41:23
Decision Support Tool (V1) Other 2020-04-08 22:41:23
Open Research Data Pilot Document Open Research Data Pilot 2020-04-08 22:41:23
White Papers on healthcare, IP-intensive industries, financial services and retail sectors Documents, reports 2020-04-08 22:41:23
Best Practices Documents, reports 2020-04-08 22:41:23
Business models of cyberattacks Documents, reports 2020-04-08 22:41:23
Policy recommendations-final release Documents, reports 2020-04-08 22:41:23
Decision Support Tool Other 2020-04-08 22:41:23
Integrated estimation of the Enterprise\'s vulnerabilities Documents, reports 2020-04-08 22:41:23
Communication and Dissemination Toolkit Documents, reports 2020-04-08 22:41:23
Macro estimates of intangibles cyber-risks Documents, reports 2020-04-08 22:41:23
BHI index report Documents, reports 2020-04-08 22:41:22
Soft Mitigation Solutions Documents, reports 2020-04-08 22:41:22
Generic model of intangibles cyber-risks Documents, reports 2020-04-08 22:41:23
Report on policies and best practices Documents, reports 2020-04-08 22:41:23

Take a look to the deliverables list in detail:  detailed list of HERMENEUT deliverables.

 Publications

year authors and title journal last update
List of publications.
2019 Enrico Frumento, Carlo Dambra
The HERMENEUT Project: Enterprises intangible Risk Management via Economic models based on simulation of modern cyber attacks”
published pages: , ISSN: , DOI:
The European Cybersecurity Journal issue of February 19 2020-04-08

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The information about "HERMENEUT" are provided by the European Opendata Portal: CORDIS opendata.

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