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AI-controlled robotic systems pose a risk to human workers and the environment. Classical risk assessment methods cannot adequately describe such black box systems. Therefore, new methods for a dynamic risk assessment of such AI-controlled…

Robotics · Computer Science 2024-01-26 Philipp Grimmeisen , Friedrich Sautter , Andrey Morozov

Collaborative AI systems aim at working together with humans in a shared space to achieve a common goal. This setting imposes potentially hazardous circumstances due to contacts that could harm human beings. Thus, building such systems with…

Software Engineering · Computer Science 2021-03-15 Matteo Camilli , Michael Felderer , Andrea Giusti , Dominik T. Matt , Anna Perini , Barbara Russo , Angelo Susi

Recognizing, assessing, countering, and mitigating the biases of different nature from heterogeneous sources is a critical problem in designing a cognitive Decision Support System (DSS). An example of such a system is a cognitive…

Computer Vision and Pattern Recognition · Computer Science 2023-11-03 Kenneth Lai , Helder C. R. Oliveira , Ming Hou , Svetlana N. Yanushkevich , Vlad Shmerko

While current automotive safety standards provide implicit guidance on how unreasonable risk can be avoided, manufacturers are required to specify risk acceptance criteria for Automated Driving Systems (SAE Level 3 and higher). However, the…

Systems and Control · Electrical Eng. & Systems 2024-03-11 Nayel Fabian Salem , Thomas Kirschbaum , Marcus Nolte , Christian Lalitsch-Schneider , Robert Graubohm , Jan Reich , Markus Maurer

Although AI systems are increasingly being leveraged to provide value to organizations, individuals, and society, significant attendant risks have been identified and have manifested. These risks have led to proposed regulations,…

Artificial Intelligence · Computer Science 2024-12-06 David Piorkowski , Michael Hind , John Richards

Hazard and impact analysis is an indispensable task during the specification and development of safety-critical technical systems, and particularly of their software-intensive control parts. There is a lack of methods supporting an…

Software Engineering · Computer Science 2015-12-10 Sonila Dobi , Mario Gleirscher , Maria Spichkova , Peter Struss

In the dynamic cyber threat landscape, effective decision-making under uncertainty is crucial for maintaining robust information security. This paper introduces the Cyber Resilience Index (CRI), a threat-informed probabilistic approach to…

Cryptography and Security · Computer Science 2024-09-09 Lampis Alevizos , Vinh-Thong Ta

Complex networked systems are an integral part of today's support infrastructures. Due to their importance, these systems become more and more the target for cyber-attacks, suffering a notable number of security incidents. Also, they are…

Cryptography and Security · Computer Science 2017-02-28 Arthur-Jozsef Molnar , Jürgen Großmann

Risk management often plays an important role in decision making under uncertainty. In quantitative risk management, assessing and optimizing risk metrics requires efficient computing techniques and reliable theoretical guarantees. In this…

Optimization and Control · Mathematics 2026-01-01 Zhaolin Hu

The challenge of decision-making under uncertainty in information security has become increasingly important, given the unpredictable probabilities and effects of events in the ever-changing cyber threat landscape. Cyber threat intelligence…

Cryptography and Security · Computer Science 2023-07-17 Martijn Dekker , Lampis Alevizos

Enterprise industrial networks face threats that risk data and operations. However, designing efficient threat detection system is challenging due to data scarcity, especially where privacy is a concern. The complexity of enterprise…

Cryptography and Security · Computer Science 2024-09-09 Prabhat Kumar , A. K. M. Najmul Islam

Access to data and data processing, including the use of machine learning techniques, has become significantly easier and cheaper in recent years. Nevertheless, solutions that can be widely adopted by regulators for market monitoring and…

Machine Learning · Computer Science 2022-04-08 Celso H. H. Ribas , José C. M. Bermudez

Practical machine learning systems often operate in multiple sequential stages, as seen in ranking and recommendation systems, which typically include a retrieval phase followed by a ranking phase. Effectively assessing prediction…

Information Retrieval · Computer Science 2025-02-04 Yunpeng Xu , Mufang Ying , Wenge Guo , Zhi Wei

It is often the case that risk assessment and prognostics are viewed as related but separate tasks. This chapter describes a risk-based approach to prognostics that seeks to provide a tighter coupling between risk assessment and fault…

Systems and Control · Electrical Eng. & Systems 2025-08-18 John W. Sheppard

We propose some machine-learning-based algorithms to solve hedging problems in incomplete markets. Sources of incompleteness cover illiquidity, untradable risk factors, discrete hedging dates and transaction costs. The proposed algorithms…

Risk Management · Quantitative Finance 2020-08-13 Simon Fécamp , Joseph Mikael , Xavier Warin

Human-robot collaboration (HRC) introduces significant safety challenges, particularly in protecting human operators working alongside collaborative robots (cobots). While current ISO standards emphasize risk assessment and hazard…

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…

Cryptography and Security · Computer Science 2023-03-24 Michel Dacorogna , Marie Kratz

Complex risk is a critical factor for both intelligent systems and risk management. In this paper, we consider a special class of risk statistics, named complex risk statistics. Our result provides a new approach for addressing complex…

Risk Management · Quantitative Finance 2020-12-01 Fei Sun , Yichuan Dong

Cyber insurance is a complementary mechanism to further reduce the financial impact on the systems after their effort in defending against cyber attacks and implementing resilience mechanism to maintain the system-level operator even though…

Cryptography and Security · Computer Science 2023-12-06 Shutian Liu , Quanyan Zhu

Modern society heavily relies on strongly connected, socio-technical systems. As a result, distinct risks threatening the operation of individual systems can no longer be treated in isolation. Consequently, risk experts are actively seeking…

Risk Management · Quantitative Finance 2018-02-07 Christos Ellinas , Neil Allan , Caroline Coombe