RealNews

Big four accounting firms join in cyber-risk effort

They’re creating an index to gauge firms’ preparedness. A consortium of companies that includes the Big Four accounting firms and at least one large insurer is quietly working on a cybersecurity risk measurement framework for large enterprises, Computerworld has learned. The Risk Preparedness Index is being developed by the newly formed Global Security Consortium, which so far includes PricewaterhouseCoopers, Ernst & Young LLP, Deloitte & Touche LLP, KPMG International and insurance giant AIG International Inc. The RPI was originally being developed to provide a risk measurement model for use within the insurance and accounting industries. But the goal now is for the index to provide the basis for a much more broadly applicable system for measuring and rating organizational risk preparedness, according to a source close to the GSC. Full Story

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