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Hacker Attacks and IT Management: Insurance against Cyber Risks

The number of attacks on IT systems has been increasing for years. They target small as well as big companies, state institutions as well as private individuals. The damage they cause can be enormous, not only in financial terms: in digital-ised environments, resilient IT is a key requirement for trustworthiness. Effective and reliable operation of production and supply chains depend on it and so does the data security of customer, patient and business partners. Everyone who consciously engages with digitality knows this and is aware of associated risks. Nevertheless – as studies show time and again – in many cases too little is in-vested in IT security. And although there are insurances specifically against “cyber risks” on offer by now, by no means do all companies whose integrity depends on IT security purchase them.

Florian Salm is an expert for cyber risks at Gothaer Allgemeine Versicherung AG and a lecturer at the University of Hamburg. Ulrich Greveler is Professor of Applied Computer Science at the Rhine-Waal University of Applied Sciences and, as an IT security expert, also a consultant and assessor for cyber risks. In this episode of Digitalgespräch, these two experts explain from a technical and insurance perspective what constitutes “well made” IT – and how companies can implement it. They explain how insurance companies help – not only in the event of an incident, but also in closing existing security gaps before something happens. With hosts Marlene Görger and Petra Gehring, they discuss why IT security is still difficult to implement in many companies, who bears responsibility for the security of systems in a networked society – and what it means that some risks of future technologies and large IT projects are not insurable.

Episode 27 of Digitalgespräch, feat. Florian Salm of Gothaer Allgemeine Versicherung AG and Ulrich Greveler of Rhine-Waal University of Applied Sciences, 27 September 2022
Further informationen:

Link to Ulrich Greveler’s website: https://www.ulrich-greveler.de/english
Link to survey “Gothaer KMU-Studie 2022: Cyberangriffe größte Bedrohung für Mittelständler”: https://presse.gothaer.de/pressreleases/gothaer-kmu-studie-2022-cyberangriffe-groesste-bedrohung-fuer-mittelstaendler-3182062

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Creative Commons Lizenzvertrag

The podcast is in German. At the moment there is no English version or transcript available.

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Bitcoin – Gefahr oder Bereicherung für unsere Gesellschaft?

eFin & Democracy: Public Lecture & Discussion in cooperation with Kultur einer Digitalstadt e. V. (KeD)

9 August 2022, Atelierhaus auf der Darmstädter Rosenhöhe

The current debate about cryptocurrencies is polarized. It is worth taking a look at the first cryptocurrency: Bitcoin actually began as an apolitical project. For more than 13 years, it has practiced independence from the power and scope of existing institutions. Through its progressive growth, however, it increasingly interacts with our society and thus ultimately becomes a political phenomenon. But with what consequences? Is free digital money destroying the state because it is taking away its monopoly over the currency and thus its sovereignty and power? Or does it enrich our democracy because it opens up new opportunities for participation and co-determination? And what possibilities are there to intervene in this ongoing process? The Mercator Journalist in Residence, Friedemann Brenneis, will present the results of his stay at Centre Responsible Digitality (ZEVEDI) and put them up for discussion. The event takes place in cooperation with the initiative Kultur einer Digitalstadt (KeD), which, among other things, maintains an Artist-in-Science-Resident program.

The lecture will be held in German.
It is requested that masks be worn indoors.
The number of participants is limited, registration via efin [at] zevedi.de.

Tuesday, 9 August 2022, 18:00 CEST
Atelierhaus auf der Darmstädter Rosenhöhe
Ludwig-Engel-Weg 1

link to video recording»

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Digitale Währungen auf dem Weg ins Establishment

Interdisziplinärer Workshop

19. August 2022, Goethe-Universität Frankfurt am Main

Die ZEVEDI-Projektgruppe KI & Finance – Innovation, Resilienz und Verantwortung organisiert den Workshop “Digitale Währungen auf dem Weg ins Establishment. Perspektiven der Finanzmarktregulierung, des Währungsrechts sowie der Behavioral Finance”, der aus interdisziplinärer Perspektive Fragen zu digitalen Währungen erkundet.

Mit Beiträgen von
Prof. Dr. Lars Hornuf, Universität Bremen – Fellow der Projektgruppe KI & Finance
Prof. Dr. Roland Broemel, Goethe-Universität Frankfurt am Main
Prof. Dr. Oscar Stolper, Philipps-Universität Marburg

Freitag, 19. August 2022, 14:00 – 17:00 Uhr
Goethe-Universität Frankfurt am Main
House of Finance & online via Zoom

Programm

go to project group AI & Finance»

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Opportunities and Risks of Digital Transformation in Finance and Beyond

Conference

2 – 3 June, online and at Gästehaus Goethe Universität Frankfurt am Main

The conference Opportunities and Risks of Digital Transformation in Finance and Beyond hosted by ZEVEDI project group AI & Finance will bring together renowned experts to discuss the latest research and case studies on the opportunities and risks of digital transformation in finance and beyond. The fairness of credit scoring models, the ramifications of human-AI collaboration, and the legal foundations of CBDC are just a small selection of topics that will be covered at this event.

  • Thursday, 2 June 2022, 16:00 – 18:00 CEST
    virtual panel via Zoom
  • Friday, 3 June 2022, 9:00 – 17:15 CEST
    in person conference at Gästehaus Goethe Universität Frankfurt am Main

Registration for participation on-site is open until 12 May 2022. A conference fee will be charged for catering.

Registration for virtual attendance is open until 2 June. Virtual attendance is free of cost.

Registration via eventbrite»

If you do not wish to use eventbrite, please contact spiegel[at]jura.uni-frankfurt.de.

Programme

go to project group AI & Finance»

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Fully automated agreements? What are benefits of „Smart Contracts“?

Even if not all of us are experts in civil law, we routinely enter into contractual obligations with each other in everyday life. Whether we buy bread rolls, take out life insurance or book a flight – we trust that we can rely on each other. And if something does go wrong, laws or even courts settle the dispute. At first glance, the internet as a market place doesn’t make much of a difference. We simply order online instead of by phone or postcard like our grandparents We click and everything from loans to share purchases is done in a flash. Nothing else changes – right? Perhaps it is worth taking a closer look. Because automation shifts balanced rules in the background of contracts that we often don’t even know about. And the hype surrounding smart contracts shows that digitality may have great potential to change our understanding of mutual obligation. Technology is supposed to make automated contract processing possible that, at least in theory, works without trust – neither in each other nor in governmental institutions. But to what extent would that be progress?

Nikolas Guggenberger researches and teaches at Yale Law School on the automation of law and its impact on society. Previously, the legal scholar was a junior professor at the Institute for Information, Telecommunications and Media Law at the University of Münster. In this episode of Digitalgespräch, Guggenberger explains where digitality makes a difference to our contractual practice and sheds light on the background to the buzzword “smart contract.” With hosts Marlene Görger and Petra Gehring, he discusses whether sophisticated technology could replace the law and clarifies where German laws set limits to automation that the legal system in the U.S., for example, does not necessarily recognise.

Episode 19 of Digitalgespräch, feat. Nikolas Guggenberger of Yale Law School, 22 March 2022
Further informationen:

Link to the Information Society Project :
https://law.yale.edu/isp/

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Creative Commons Lizenzvertrag

The podcast is in German. At the moment there is no English version or transcript available.

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Algorithmen und die Transformation von Demokratie

Digital lecture series

winter semester 2021/22

In this winter semester the research centre Normative Orders of Goethe-Universität Frankfurt am Main is organising a digital lecture series. The contributions to the event will deal with central aspects of the research work, each one from the perspective of one of the disciplines involved in the research centre. The primary goal is to allow students, colleagues and interested parties to participate in the research and to invite discussion.

Both convenors of the series are members of ZEVEDI: Prof. Indra Spiecker gen. Döhmann, who is spokesperson of project group Diffusion of Responsibility through Algorithms and Prof. Christoph Burchard, who is a member of the same group.

lecture series website

more about the project group Diffusion of Responsibility through Algorithms»

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