Related papers: Cyber bonds and their pricing models
The explosion in the e-commerce industry which has been necessitated by the growth and advance expansion of Information technology and its related facilities in recent years have been met with adverse security issues consequently affecting…
The vulnerability of cyber-physical systems to cyber attack is well known, and the requirement to build cyber resilience into these systems has been firmly established. The key challenge this paper addresses is that maturing this discipline…
Characterizing attacker behavior with respect to Cyber-Physical Systems is important to assuring the security posture and resilience of these systems. Classical cyber vulnerability assessment approaches rely on the knowledge and experience…
This paper focuses on botnet economics and design of defensive strategies. It takes the view that by combining scarce information on the attackers business models, with rational economic analysis of these business processes, one can…
The promise of quantum computing is not speeding up conventional computing rather delivering an exponential advantage for certain classes of problems, with profound implications for cybersecurity for instance. With the advent and…
Each strategy has a foundation, an overarching way of explaining why things are the way we see them and how to successfully reach our goals. Therefore, strategy is theory based because theory provides an intellectual framework for…
We present a dependency model tailored to the context of current challenges in data strategies and make recommendations for the cybersecurity community. The model can be used for cyber risk estimation and assessment and generic risk impact…
For many IT-security measures exact costs and benefits are not known. This makes it difficult to allocate resources optimally to different security measures. We present a model for costs and benefits of so called Honeynets. This can foster…
Experimental research methods describe standards to safeguard scientific integrity and reputability. These methods have been extensively integrated into traditional scientific disciplines and studied in the philosophy of science. The field…
Fast and reliable transmission network reconfiguration is critical in improving power grid resilience to cyber-attacks. If the network reconfiguration following cyber-attacks is imperfect, secondary incidents may delay or interrupt…
In this research article, we explore the use of a design process for adapting existing cyber risk assessment standards to allow the calculation of economic impact from IoT cyber risk. The paper presents a new model that includes a design…
A major cyber security incident can represent a cyber crisis for an organisation, in particular because of the associated risk of substantial reputational damage. As the likelihood of falling victim to a cyberattack has increased over time,…
Risk assessment is an inevitable step in implementation of a cyber-defense strategy. An important part of this assessment is to reason about the impact of possible attacks. In this paper, we propose a framework for estimating the impact of…
In the last years, Cyber Ranges have become a widespread solution to train professionals for responding to cyber threats and attacks. Cloud computing plays a key role in this context since it enables the creation of virtual infrastructures…
We study the pricing problem for corporate defaultable bond from the viewpoint of the investors outside the firm that could not exactly know about the information of the firm. We consider the problem for pricing of corporate defaultable…
This paper aims to provide an understanding of what a phishing attack is, the types of phishing attacks and methods employed by cyber criminals. This journal will also provide an understanding on where phishing attacks are carried via…
Context: To effectively defend against ever-evolving cybersecurity threats, software systems should be made as secure as possible. To achieve this, software developers should understand potential vulnerabilities and apply secure coding…
Cyber data attacks are the worst-case interacting bad data to power system state estimation and cannot be detected by existing bad data detectors. In this paper, we for the first time analyze the likelihood of cyber data attacks by…
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…
We propose a model for the credit markets in which the random default times of bonds are assumed to be given as functions of one or more independent "market factors". Market participants are assumed to have partial information about each of…