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Related papers: Uncertainty in Cyber Security Investments

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In robust optimization one seeks to make a decision under uncertainty, where the goal is to find the solution with the best worst-case performance. The set of possible realizations of the uncertain data is described by a so-called…

Optimization and Control · Mathematics 2022-01-25 Immanuel Bomze , Markus Gabl

All people have to make risky decisions in everyday life. And we do not know how true they are. But is it possible to mathematically assess the correctness of our choice? This article discusses the model of decision making under risk on the…

Risk Management · Quantitative Finance 2020-01-08 O. A. Malafeyev , A. N. Malova , A. E. Tsybaeva

In this work we start walking the path to a new perspective for viewing cyberwarfare scenarios, by introducing conceptual tools (a formal model) to evaluate the costs of an attack, to describe the theater of operations, targets, missions,…

Cryptography and Security · Computer Science 2010-06-11 Ariel Futoransky , Luciano Notarfrancesco , Gerardo Richarte , Carlos Sarraute

We are not very good at measuring -- rigorously and quantitatively -- the cyber security of systems. Our ability to measure cyber resilience is even worse. And without measuring cyber resilience, we can neither improve it nor trust its…

Cryptography and Security · Computer Science 2021-02-19 Alexander Kott , Igor Linkov

Many data mining approaches aim at modelling and predicting human behaviour. An important quantity of interest is the quality of model-based predictions, e.g. for finding a competition winner with best prediction performance. In real life,…

Human-Computer Interaction · Computer Science 2017-02-27 Kevin Jasberg , Sergej Sizov

Predictions and forecasts of machine learning models should take the form of probability distributions, aiming to increase the quantity of information communicated to end users. Although applications of probabilistic prediction and…

Machine Learning · Statistics 2024-03-19 Hristos Tyralis , Georgia Papacharalampous

Accurately estimating uncertainties in neural network predictions is of great importance in building trusted DNNs-based models, and there is an increasing interest in providing accurate uncertainty estimation on many tasks, such as security…

Machine Learning · Computer Science 2020-07-14 Yukun Ding , Jinglan Liu , Jinjun Xiong , Yiyu Shi

Regulation, legal liabilities, and societal concerns challenge the adoption of AI in safety and security-critical applications. One of the key concerns is that adversaries can cause harm by manipulating model predictions without being…

Machine Learning · Computer Science 2023-01-31 Jona Klemenc , Holger Trittenbach

In this paper are presented methods of impact analysis on informatics system security accidents, qualitative and quantitative methods, starting with risk and informational system security definitions. It is presented the relationship…

General Finance · Quantitative Finance 2013-03-08 Floarea Baicu , Maria Alexandra Baches

The incremental diffusion of machine learning algorithms in supporting cybersecurity is creating novel defensive opportunities but also new types of risks. Multiple researches have shown that machine learning methods are vulnerable to…

Cryptography and Security · Computer Science 2021-06-18 Giovanni Apruzzese , Mauro Andreolini , Luca Ferretti , Mirco Marchetti , Michele Colajanni

Nowadays, more and more process data are automatically recorded by information systems, and made available in the form of event logs. Process mining techniques enable process-centric analysis of data, including automatically discovering…

Artificial Intelligence · Computer Science 2022-04-11 Marco Pegoraro , Wil M. P. van der Aalst

We propose a new approach for solving a class of discrete decision making problems under uncertainty with positive cost. This issue concerns multiple and diverse fields such as engineering, economics, artificial intelligence, cognitive…

Artificial Intelligence · Computer Science 2014-01-03 Steve N'Guyen , Clément Moulin-Frier , Jacques Droulez

Most machine learning techniques are based upon statistical learning theory, often simplified for the sake of computing speed. This paper is focused on the uncertainty aspect of mathematical modeling in machine learning. Regression analysis…

Machine Learning · Computer Science 2022-06-07 Valentin Arkov

Advanced AI systems offer substantial benefits but also introduce risks. In 2025, AI-enabled cyber offense has emerged as a concrete example. This technical report applies a quantitative risk modeling methodology (described in full in a…

Pricing decisions stand out as one of the most critical tasks a company faces, particularly in today's digital economy. As with other business decision-making problems, pricing unfolds in a highly competitive and uncertain environment.…

Computer Science and Game Theory · Computer Science 2024-09-04 Daniel García Rasines , Roi Naveiro , David Ríos Insua , Simón Rodríguez Santana

Cyber risk refers to the risk of defacing reputation, monetary losses, or disruption of an organization or individuals, and this situation usually occurs by the unconscious use of cyber systems. The cyber risk is unhurriedly increasing day…

Cryptography and Security · Computer Science 2024-04-02 Fatama Tuz Johora , Md Shahedul Islam Khan , Esrath Kanon , Mohammad Abu Tareq Rony , Md Zubair , Iqbal H. Sarker

Cyber insurance, which protects insured organizations against financial losses from cyberattacks and data breaches, can be difficult and expensive to obtain for many organizations. These difficulties stem from insurers difficulty in…

Cryptography and Security · Computer Science 2026-02-04 Danielle Jean Hanson , Jeremy Straub

Internet users such as individuals and organizations are subject to different types of epidemic risks such as worms, viruses, spams, and botnets. To reduce the probability of risk, an Internet user generally invests in traditional security…

Cryptography and Security · Computer Science 2012-02-07 Ranjan Pal

In a world of ever-increasing systems interdependence, effective cybersecurity policy design seems to be one of the most critically understudied elements of our national security strategy. Enterprise cyber technologies are often implemented…

Physics and Society · Physics 2017-06-28 Michael D. Norman , Matthew T. K. Koehler

Modeling cyber risks has been an important but challenging task in the domain of cyber security. It is mainly because of the high dimensionality and heavy tails of risk patterns. Those obstacles have hindered the development of statistical…

Applications · Statistics 2021-03-16 Mingyue Zhang Wu , Jinzhu Luo , Xing Fang , Maochao Xu , Peng Zhao