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The increasing rate at which IoT technologies are being developed has enabled smarter and innovative solutions in the sectors of health, energy, transportation, etc. Unfortunately, some inherent characteristics of these technologies are compromised to attack. Naturally, risk analysis emerges, as...
Persistent link: https://www.econbiz.de/10013365630
consequential insurance losses due to intrusions or viruses is one of the major reasons why the (re-)insurance industry has limited …
Persistent link: https://www.econbiz.de/10012292822
under-reporting in a data set is determined by comparison to data that is fully reported. In this work, cyber insurance … not have the resources to acquire closely guarded cyber insurance claims data. …
Persistent link: https://www.econbiz.de/10013556793
Investments in security and cyber-insurance are two cyber-risk management strategies that can be employed together to … insurance liability scenarios (full liability, limited liability, and limited liability with deductibles) when we consider a … multi-branch firm with correlated vulnerability. The insurance component results to be the major expense. It ends up being …
Persistent link: https://www.econbiz.de/10012423138
In this research, we consider cyber risk in insurance using a quantum approach, with a focus on the differences between … examine how historical cyber claims can be utilized through the application of copula functions for dependent insurance claims … insurance claim data. …
Persistent link: https://www.econbiz.de/10014636546
, this article explores the effectiveness of an integrated risk management strategy that merges insurance and security … insurance premium. This research investigates the optimal investment for this blended approach under total insurance coverage …. When the integrated risk management strategy combining insurance and security investments is deemed the optimal choice …
Persistent link: https://www.econbiz.de/10014370550
party, such as an insurance company. Recently, cyber risk management techniques are including some risk quantile …
Persistent link: https://www.econbiz.de/10012698332
The cost of cybersecurity incidents is large and growing. However, conventional methods for measuring loss and choosing mitigation strategies use simplifying assumptions and are often not supported by cyber attack data. In this paper, we present a multivariate model for different, dependent...
Persistent link: https://www.econbiz.de/10012292946
With the emergence of global digital service providers, concerns about digital oligopolies have increased, with a wide range of potentially harmful effects being discussed. One of these relates to cyber security, where it has been argued that market concentration can increase cyber risk. Such a...
Persistent link: https://www.econbiz.de/10012390471
Persistent link: https://www.econbiz.de/10013363134