NATIONAL CYBER SECURITY STRATEGY GREEN PAPER 4 PROPOSED STRATEGY An assessment of financial risks related to cyber-related incidents may also indicate the identification of a market in cyber insurance, which may in turn contribute to information sharing among its participants, apart from availability of financial coverage to mitigate consequential losses. 1.5 CONSOLIDATE THE INFORMATION SECURITY FRAMEWORK WITHIN THE PUBLIC SECTOR AND ENSURE AN AGREED PROTECTION LEVEL FOR KEY MARKET OPERATORS. “INTERNAL SECURITY IS CRUCIAL. YET, IT ALSO NEEDS TO BE BORNE IN MIND THAT THREATS TO EU CITIZENS ARE INCREASINGLY CROSS BORDER AND VARIED IN NATURE. EU MEMBER STATES, INCLUDING MALTA, CAN THUS NO LONGER SUCCEED ON THEIR OWN.” The Government of Malta Information Security Policy is expected to come into force by the second quarter of 2O16. It is based upon ISO 27OO1 Information Security international standard and applies to all of the Public Sector. It also needs to be ascertained that all key market operators11 do apply an agreed level of information security. 2 GOAL: COMBAT CYBER CRIME 2.1 ESTABLISH FORUM FOR INTERNET SAFETY AND PROTECTION OF MINORS This measure is referred to in Digital Malta, and it proposes a number of relevant public sector stakeholders and industry respresentatives as the Forum’s members. The Forum aims to: • Share knowledge • Monitor developments • Put forward policy ideas • Represent Malta on European bodies working in this field This Forum could potentially help out in reviewing the Cyber Security Strategy itself with respect to combating cyber crime activity. 2.2 IDENTIFY GAPS AND STRENGTHEN CAPABILITY TO INVESTIGATE AND COMBAT CYBER CRIME A regular assessment of present state cyber crime capability in Malta among all relevant law enforcement authorities is indeed a prerequisite in the light of the continuously evolving threat vector landscape. Internal security is crucial. Yet, it also needs to be borne in mind that threats to EU citizens are increasingly cross border and varied in nature. EU Member states, including Malta, can thus no longer succeed on their own. The European Agenda on Security – the EU’s strategy to tackle security threats in the EU for period 2O15-2O2O12 is intended to contribute in this respect. Cybercrime is one of the Agenda’s priority for the years 2O15-2O2O. 17 MALTA | NATIONAL CYBER SECURITY STRATEGY GREEN PAPER