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SECONDO SIGNED

a Security ECONomics service platform for smart security investments and cyber insurance pricing in the beyonD 2020 netwOrking era

Total Cost €

EC-Contrib. €

Partnership

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SECONDO project word cloud

Explore the words cloud of the SECONDO project. It provides you a very rough idea of what is the project "SECONDO" about.

threat human society premium rapid pricing describe computer academic investment narrow investments empower smaller limited risk disciplinary operation trajectory pay money interesting engineering collection cyber combining question nature complete ignore businesses despite software reduce normal thoroughly innovative professionals paying mathematical insurance gap play spent organisation continue critical competitor upwards entered imposing insights attacks cross operations prominent implications input theoretical decisions setting firms budget apart optimised secure founded security decision massive mitigation business industrial platform choices securing strategy seek itself secondo

Project "SECONDO" data sheet

The following table provides information about the project.

Coordinator	UNIVERSITY OF PIRAEUS RESEARCH CENTER Organization address address: GR. LAMPRAKI 122 city: PIRAEUS postcode: 185 32 website: http://www.ict-onefit.eu/ 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	Greece [EL]
Total cost	1˙600˙800 €
EC max contribution	1˙600˙800 € (100%)
Programme	1. H2020-EU.1.3.3. (Stimulating innovation by means of cross-fertilisation of knowledge)
Code Call	H2020-MSCA-RISE-2018
Funding Scheme	MSCA-RISE
Starting year	2019
Duration (year-month-day)	from 2019-01-01 to 2022-12-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	UNIVERSITY OF PIRAEUS RESEARCH CENTER UNIVERSITY OF PIRAEUS RESEARCH CENTER Organization address address: GR. LAMPRAKI 122 city: PIRAEUS postcode: 185 32 website: http://www.ict-onefit.eu/ contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (PIRAEUS)	coordinator	276˙000.00
2	TECHNOLOGIKO PANEPISTIMIO KYPROU TECHNOLOGIKO PANEPISTIMIO KYPROU Organization address address: ARCHBISHOP KYPRIANOS 31 SAVINGS COOPERATIVE BANK BUILDING 3RD FLOOR city: LEMESOS postcode: 3036 website: www.cut.ac.cy contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	CY (LEMESOS)	participant	276˙000.00
3	UBITECH LIMITED UBITECH LIMITED Organization address address: 26 NIKOU & DESPINAS PATTCHI city: LIMASSOL postcode: 3071 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	CY (LIMASSOL)	participant	276˙000.00
4	UNIVERSITY OF GREENWICH UNIVERSITY OF GREENWICH Organization address address: Old Royal Naval College, Park Row, Greenwich city: LONDON postcode: SE10 9LS website: www.gre.ac.uk contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (LONDON)	participant	257˙600.00
5	KROMAR MESITES ASFALEION MONOPROSOPI EPE KROMAR MESITES ASFALEION MONOPROSOPI EPE Organization address address: AGIOU KONSTANTINOY 17 city: MAROISI postcode: 151 24 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (MAROISI)	participant	220˙800.00
6	LSTECH ESPANA SL LSTECH ESPANA SL Organization address address: CALLE PALLARS 193 city: BARCELONA postcode: 8005 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (BARCELONA)	participant	165˙600.00
7	FOGUS INNOVATIONS & SERVICES P.C. FOGUS INNOVATIONS & SERVICES P.C. Organization address address: MICHALI KARAOLI 51-53 city: KAISAIRIANI postcode: 161 21 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (KAISAIRIANI)	participant	110˙400.00
8	UNIVERSITY OF SURREY UNIVERSITY OF SURREY Organization address address: Stag Hill city: GUILDFORD postcode: GU2 7XH website: www.surrey.ac.uk contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (GUILDFORD)	participant	18˙400.00

Map

Project objective

SECONDO addresses the question “How can decisions about cyber security investments and cyber insurance pricing be optimised?” SECONDO will support professionals who seek cyber security investments, developed to support human decision making, and a complete well-founded security strategy. This is a timely research problem, as the rapid growth of cyber-attacks is expected to continue its upwards trajectory. Such growth presents a prominent threat to normal business operations and the EU society itself. On the other hand, an interesting, well-known, finding is that an organisation's computer systems may be less secure than a competitor's, despite having spent more money in securing them. Budget setting, cyber security investment choices and cyber insurance, in the face of uncertainties, are highly challenging tasks with massive business implications. SECONDO aims to make impact on the operation of EU businesses who often: (i) have a limited cyber security budget; and (ii) ignore the importance of cyber insurance. Cyber insurance can play a critical role to the mitigation of cyber risk. This can be done by imposing a cost on firms' cyber risk through a premium that they have to pay and the potential for paying a smaller premium should they reduce their current cyber security risk. SECONDO has a cross-disciplinary nature, combining mathematical and engineering insights to empower innovative software. Apart from the novel research results, the project will offer a software platform to narrow the gap between theoretical understanding and practice. To achieve this, the four industrial project partners will i) lead the part of the project where industrial needs will be entered as input to the requirements collection phase, and, ii) provide their innovative software for risk assessment. The three academic partners will work together to i) design and thoroughly describe the proposed methodologies, but also ii) contribute to their software development.

Deliverables

List of deliverables.
Progress report 1	Documents, reports	2020-03-19 14:40:12
Technical Requirements, Business Cases and Reference Architecture	Documents, reports	2020-03-19 14:40:12
Data management plan	Open Research Data Pilot	2020-03-19 14:40:12
Quality Assurance Plan	Documents, reports	2020-03-19 14:40:12

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

Publications

List of publications.
year	authors and title	journal	last update
2019	Sakshyam Panda, Daniel W Woods, Aron Laszka, Andrew Fielder, Emmanouil Panaousis Post-incident audits on cyber insurance discounts published pages: 101593, ISSN: 0167-4048, DOI: 10.1016/j.cose.2019.101593	Computers & Security 87	2020-03-19

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