Franke, Ulrik; Hoxell, Amanda - In: Risks : open access journal 8 (2020) 4/119, pp. 1-15
develops some theory about how convex cyber risk affects Cournot oligopoly markets of data storage. It is demonstrated that … market concentration can increase cyber risk. Such a state of affairs could have dire consequences for insurers and … reinsurers, who underwrite cyber risk and are already very concerned about accumulation risk. Against this background, the paper …