In partnership with the Coalition to Reduce Cyber Risk (CR2), USCIB was among thirty-seven companies and organizations that pledged on June 8 to enhance cyber resiliency and counter evolving cross-border cyber threats, such as the growth of ransomware.

Signers to this groundbreaking pledge from eight countries have promised to encourage the development, evolution and implementation of risk-based approaches that rely on consensus-based standards and risk management best practices, support efforts of vendors and supply chain contributors to adopt risk-based cybersecurity approaches in order to help small businesses flourish while improving the resiliency of the cyber ecosystem, incorporate widely accepted international cybersecurity standards as a foundation of cybersecurity policies and controls wherever applicable and feasible, and periodically reassess cybersecurity policies and controls against revisions to cybersecurity standards and actively participate in industry-driven initiatives to improve those standards.

“CR2 is committed to driving a globally-aligned approach for managing cyber risk. Thirty-Seven organizations from eight countries have signed the Cyber Risk Management Pledge, demonstrating the breadth of usage of international standards such as ISO/IEC 27110 and 27103, as well as the NIST Cybersecurity Framework and associated sector profiles.” said
Benjamin Flatgard, President of CR2 and Executive Director of Technology and Cybersecurity Policy and Partnerships at J.P. Morgan Chase.

He added: “Governments should embed widely used international standards at the core of their national cyber policies to facilitate a seamless approach to shared cyber risk.”

For more information on the CR2 and the pledge, or if your company or organization is interested in joining the pledge, please visit https://www.crx2.org/