Effective cyber risk management should include the use of insurance not only to transfer cyber risk but also to provide incentives for insured enterprises to invest in cyber self-protection. Research indicates that asymmetric information, correlated loss, and interdependent security issues make...

In this manuscript we explore a range of perspectives being adopted by industry and regulators in order to classify cyber crime or cyber risk loss processes. The purposes of this is to better understand and discuss the emerging perspectives on this class of risk process in order to inform...