Related papers: A Novel Cyber-Insurance for Internet Security
Universities in developing countries, including those in Nigeria, experience cybercrime risks due to poor management of their cyber spaces and resources. The outcome of these cybercrimes are threats and breaches of universities' cyber…
Given the rapid evolution of threats to cyber systems, new management approaches are needed that address risk across all interdependent domains (i.e., physical, information, cognitive, and social) of cyber systems. Further, the traditional…
This study presents a critical review of disclosed, documented, and malicious cybersecurity incidents in the water sector to inform safeguarding efforts against cybersecurity threats. The review is presented within a technical context of…
The cloud computing model is rapidly transforming the IT landscape. Cloud computing is a new computing paradigm that delivers computing resources as a set of reliable and scalable internet-based services allowing customers to remotely run…
Motivated by the developments in cyber risk treatment in the finance industry, we propose a general framework of cyber bond, whose main purpose is to insure (compensate) losses of a cyber attack. Based on a database of publicly available…
The increasing penetration of renewable energy poses significant challenges to power grid reliability. There have been increasing interests in utilizing financial tools, such as insurance, to help end-users hedge the potential risk of lost…
According to the World Economic Forum, cyber attacks are considered as one of the most important sources of risk to companies and institutions worldwide. Attacks can target the network, software, and/or hardware. During the past years, much…
The healthcare sector is increasingly vulnerable to cyberattacks due to its growing digitalization. Patient data, including medical records and financial information, are at risk, potentially leading to identity theft and patient safety…
Enterprises today face increasing cybersecurity threats that necessitate robust digital forensics and risk mitigation strategies. This paper explores these challenges through an imaginary case study of an organization, a global identity…
Spam messes up users inbox, consumes resources and spread attacks like DDoS, MiM, phishing etc. Phishing is a byproduct of email and causes financial loss to users and loss of reputation to financial institutions. In this paper we examine…
With the generalization of mobile communication systems, solicitations of all kinds in the form of messages and emails are received by users with increasing proportion of malicious ones. They are customized to pass anti-spam filters and ask…
Our increasing reliance on digital technology for personal, economic, and government affairs has made it essential to secure the communications and devices of private citizens, businesses, and governments. This has led to pervasive use of…
The European Union (EU) has long favored a risk-based approach to regulation. Such an approach is also used in recent cyber security legislation enacted in the EU. Risks are also inherently related to compliance with the new legislation.…
The new generation of security threats has been promoted by digital currencies and real-time applications, where all users develop new ways to communicate on the Internet. Security has evolved in the need of privacy and anonymity for all…
Not a day goes by without news about a cyber attack. Fear spreads out and lots of wrong ideas circulate. This survey aims at showing how all these uncertainties about cyber can be transformed into manageable risk. After reviewing the main…
Understanding the common vulnerabilities in web applications help businesses be better prepared in protecting their data against such attacks. With the knowledge gained from research users and developers can be better equipped to deal with…
In today's business environment, it is difficult to imagine a workplace without access to the web, yet a variety of email born viruses, spyware, adware, Trojan horses, phishing attacks, directory harvest attacks, DoS attacks, and other…
In this paper, we provide (i) a rigorous general theory to elicit conditions on (tail-dependent) heavy-tailed cyber-risk distributions under which a risk management firm might find it (non)sustainable to provide aggregate cyber-risk…
Cyberspace is an ever-evolving battleground involving adversaries seeking to circumvent existing safeguards and defenders aiming to stay one step ahead by predicting and mitigating the next threat. Existing mitigation strategies have…
The losses arising from a system being hit by cyber attacks can be staggeringly high, but defending against such attacks can also be costly. This work proposes an attack countermeasure selection approach based on cost impact analysis that…