Cybersecurity Assurance & Insurance Marketplace

The ERMIS marketplace platform will support the adoption and deployment of market-ready innovative cybersecurity solutions.

Our Vision

ERMIS project aims to deliver cyber security assurance and insurance as-a-service, by integrating mechanisms, services, and tools in an innovative marketplace platform.

A prominent trend in the adoption of modern cyber security practices has been noticed in several industrial sectors, which is tightly coupled with regular auditing tasks, for assessing the cybersecurity preparedness of the organisations in these sectors, and effective cyber insurance approaches, towards enhanced risk mitigation and more robust cyber resilience.

The ERMIS marketplace will govern and operate the support and execution of the relevant cyber security assurance processes to assist the stakeholders in a seamless and transparent employment of technology-oriented and interconnected cyber risk assessment, security certification, and cyber insurance operations.

Our Goals

  • Support the adoption of market-ready innovative cybersecurity solutions, including solutions developed in the framework of EU-supported research and innovation projects.
  • Provide and deploy up to date tools and services to organisations (in particular SMEs) to prepare, protect and respond to cybersecurity threats.
  • Improve the security of open-source solutions.

Industry Challenges and Market Needs

  • Changing Threat Landscape

    Defense is maturing, but as technology evolves - and weaknesses remain - attackers are thriving

  • Sovereign Threats

    Cyberwar may now be an integrated part of nation-state conflict

  • Increasing Disclosure

    Regulatory bodies and investors are expanding disclosure demands around cybersecurity and cyber incidents

  • Third-Party Cybersecurity Risks

    Increased reliance on third-party vendors increases systemic risks

  • Cyber Insurance

    The role of insurance in risk mitigation is undergoing significant change

  • Cybersecurity and Risk Management

    Cybersecurity must become an embedded part of an entity’s risk management

Objectives

  • Changing Threat Landscape

  • Sovereign Threats

  • Increasing Disclosure

  • Third-Party Cybersecurity Risk

  • Cyber Insurance

  • Cybersecurity  and Risk Management

Project Team

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