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Deloitte plays strategic role in landmark development of World Economic Forum cyber security principles

27 January 2012

  • Deloitte act as project advisors to the Forum in the development of the Principles;
  • Principles aim to provide organisations with a model for cyber resilience.

Recognising the need for international businesses to win the war against global cyber crime, Deloitte, the business advisory firm, has played a pivotal role in the World Economic Forum’s development of a common set of shared principles and guidelines for cyber security and resilience.

Deloitte acted as project advisers to the Forum’s initiative, Risk and Responsibility in a Hyperconnected World: Principles and Guidelines, which was launched today in Davos. The Principles aim to provide global organisations with a common standard for cyber security and resilience. Developed throughout 2011, the initiative sought the views of global CEOs in order to establish a critical focus on securing perimeters, interdependence and resilience.

“We are delighted to be a part of this initiative led by the Forum, as it underscores Deloitte’s commitment to leading the discourse on establishing principles designed to provide organisations with a model for cyber resilience. The widespread adoption of these Principles is likely to raise business standards and contribute to the shared goals of economic stability and prosperity,” said Jolyon Barker, Managing Director, Global Technology, Media and Telecommunications, at Deloitte.

“Increasing dependence on connectivity for everyday activities is fast turning cyber security into one of the single most important threats faced by businesses and governments alike,” added Mike Maddison, Deloitte Head of Cyber Security for Europe, Middle East and Africa.

“Cyber security is an issue that no one organisation can resolve by itself,” said Alan Marcus, Senior Director, Head of IT and Telecom Industries for the World Economic Forum USA. “A multi-stakeholder approach must be taken. As such, we developed these Principles, which are aimed at all organisations, regardless of industry, sector, jurisdiction, geography, or even level of expertise. We thank Deloitte for its advisory role in the project and for their commitment to the Principles.”

Deloitte, along with other global corporates and public sector organisations, is a signatory to the World Economic Forum Principles for Cyber Resilience, confirming its commitment to creating and maintaining a resilient environment.

To read the full report, go to www.weforum.org/cyber

-Ends-

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About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

Member of Deloitte Touche Tohmatsu Limited.

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