After successful completion of the Cyber Risk Rating, the Cyber Trust Label was awarded to the Lower Austrian Government as a first public authority. The topic cybersecurity has a high importance for the Lower Austrian Government, which is also reflected by an additional ISO 27001:2013 certification. The awarding of the Cyber Trust Label completes this picture and shows, that transparency of adequate security standards is also important in the public administration. In this respect the public administration acts as a good example in order to establish a good overall security level in Austria.
Cyber attacks on companies are on the rise. To facilitate access to suitable insurance, the VIG now cooperates with Cyber Trust Austria. Companies, which have a valid Cyber Trust Label, get easier access to a cyber insurance. The “Cyber Protect” insurance of VIG is a tailored solution for SMEs, which orientates itself by the need of the company. Insurable are first party and third party damages, i.e. damages of third parties for which the company is liable. With Cyber Trust Austria, for the first time, it is possible to get access to a cyber insurance with fast lane access. This is a strong proof for the important relationship between prevention, reaction and insurance of residual risks. You find more about cyber insurance under Vienna Insurance Group.
Now KMU Digital 3.0 is available, the grant program of the Federal Ministry for Digitalisation and Economy in cooperation with the Austrian Chamber of Commerce. This program is specifically directed towards SMEs. It supports digitalization projects and measures to increase cybersecurity. Now the Cyber Trust Label is part of the 80% subsidized Status Check which supports SMEs access to the cybersecurity label. More information about KMU Digital 3.0 and the subsidized consulting can be found here (available only in German).
Today Cyber Trust Austria was presented to the public for the first time in a hybrid event at Raiffeisenhaus in Vienna. During a press conference the associated partners KSÖ (represented by KSÖ president Erwin Hameseder), KSV1870 (represented by KSV1870 CEO Ricardo-José Vybiral) and Cyber Trust Services (represented by CEO Thomas Stubbings) presented the unique new Cyber Trust Austria label, followed by a handover of the first two Gold labels for Fabasoft AG and MED-EL Medical Electronics GmbH. Afterwards a high-level panel discussed the topic “Supply chain security in companies”.