Russell C. Thomas

Principal Modeler for Cyber Risk

Mr. Thomas is Principal Modeler for Cyber Risk at Risk Management Solutions, Inc. (RMS).  He has a Bachelor of Science in Electrical Engineering and Management from Worcester Polytechnic Institute (MA) and is a PhD Candidate in Computational Social Science at George Mason University. His dissertation studies processes of institutional innovation, particularly in cyber security.  Mr. Thomas is author of ten academic papers, two book chapters, and has presented at many academic and industry conferences. He has held positions in engineering, marketing, management, and consulting at leading firms such as Hewlett-Packard and KPMG Consulting.  He started his career at Hewlett-Packard working on measurement and control processors and real-time computing for applications in manufacturing, industrial control, scientific testing.

For the last 12 years, Mr. Thomas has been a leader in the field of metrics and risk analysis applied to cyber security.  For example, he led two multi-organization proposal teams for US Department of Homeland Security Advanced Research projects.  He is author of the only performance-oriented framework for cyber security (“Ten Dimensions”) and has been an active member of the Society of Information Risk Analysts since its founding.

Blog: https://exploringpossibilityspace.blogspot.com/

Google Scholar page: https://scholar.google.com/citations?user=2TSdGYQAAAAJ&hl=en&oi=sra

My Sessions

Calculating the Norsk Hydro Loss for Insurance

Main Stage

The cyber incident at Norsk Hydro has garnered a lot of attention on how it happened and recovery. This session looks at how Norsk Hydro would credibly calculate the loss (estimated to reach $75M). And equally important, how much of this loss could be covered by insurance, and how it might impact asset owner cyber […]

Attacks and Attackers Risk Management