WELCOME to HERMENEUT, enabling
ENTERPRISES INTANGIBLE RISKS MANAGEMENT VIA ECONOMIC MODELS BASED ON SIMULATION OF MODERN CYBER-ATTACKS
PROJECT FUNDED BY THE EUROPEAN COMMISSION UNDER THE HORIZON 2020 WORK PROGRAMME, WITHIN THE H2020-DS-SC7-2016
What is HERMENEUT?
Cyber-attacks can harm intangible assets like reputation, IPR (Intellectual Property Rights), 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. Fostering a culture of risk management, HERMENEUT provides individual organisations as well as complete sectors with an innovative methodology to assess their vulnerabilities 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.
How joining the HERMENEUT workspace will help you?
The HERMENEUT workspace is an online collaboration environment designed specifically to enable and ease interactions between the HERMENEUT project members only. Do you want to be part of the workspace? If you are member of the project you can ask for an account to access the CyberConenctor first and then send a request for membership to the HERMENEUT workspace.