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Coalition to Reduce Cyber Risk, Inc.

Mission Statement

We aim to enhance cybersecurity and support economic growth by partnering across industry and with governments around the world to strengthen and align approaches to improving cybersecurity risk management.

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Founding Members

AT & TCiscoFugitsuHSBCJP MorganMastercardMicrosoft

The Challenge and Impact

Increasing cyber threats and media coverage of various events in cyberspace are causing everyone – consumers, enterprises, and governments – to focus greater attention on cybersecurity.  As a result, governments are appropriately seeking to secure the essential cyber capabilities that underpin national security, economic security, and public safety. However, many of these efforts, if not to some degree synergized, risk undermining security, resulting in the opposite of the desired effect.

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Cybersecurity Policy for Resilient Economies:  A Global, Cross-Sector Approach

This white paper outlines the processes that are crucial to developing effective global and cross sectoral cybersecurity policies and approaches based on lessons the industry has learned over the last decade.

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Strategic Approach

Four Essential Elements
of Cybersecurity Policy

Our experience shows that effective risk management approaches share four essential elements:

  • Developed through an open, collaborative, and iterative process
  • Consistent with globally-recognized standards and best practices
  • Rooted in a risk-based perspective on appropriate controls and mitigations
  • Focused on desired security outcomes and agility in implementation

Four Commitments
to Global Cybersecurity

Our commitment to the improvement of global cybersecurity is anchored by:

  • Support from C-level executives for cybersecurity activities in our enterprises
  • Reliance on globally-recognized standards and best practices to secure our enterprises, products, and services
  • Dynamic assessment of cybersecurity risks facing our enterprises and investments to protect our companies and customers
  • Cybersecurity activities that go beyond compliance and reflect a holistic approach towards cyber resilience

Areas of Focus

Around the world, dozens of countries are developing or evolving cybersecurity guidelines, regulations, and standards that call for organizations from different sectors to implement cybersecurity policies, practices, or activities. As a group, we are tracking government efforts at different stages of maturity across every region, including Africa, the Americas, Asia, Europe, and the Middle East. We aim to engage relevant government stakeholders at fora.

Project Group A:

Global advocacy

Project Group B:

European Union

Network and Information Security Directive implementation

Project Group C:


Cybersecurity Strategy

Project Group D:


Draft Cybersecurity Bill

Project Group E:

United States

NIST Cybersecurity Framework

External: Advocacy Activities

Our members participate, both collectively and individually, in the development and implementation of cybersecurity policy though several activities, including:

Engagement in government processes that invite industry contributions, such as policy development workshops and sectoral coordination organizations

Collaboration with industry peers to address policy proposals and regulatory initiatives

Support for the development, refinement, and use of cybersecurity standards and best practices

Join Our Effort

How governments approach developing, evolving, and implementing cybersecurity guidelines, regulations, and standards will profoundly affect global security and economic development. As governments move forward, there is an opportunity for industry thought leaders to coordinate in providing expertise on existing best practices and working with appropriate officials to align government approaches. We invite you to join our effort, contributing to our development of materials, participating in our conversations with government stakeholders, and strengthening the future of our global technology ecosystem.

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