Related papers: Cyber bonds and their pricing models
In this paper we formulate a corporate bond (CB) pricing model for deriving the term structure of default probabilities (TSDP) and the recovery rate (RR) for each pair of industry factor and credit rating grade, and these derived TSDP and…
This paper develops a two-dimensional structural framework for valuing credit default swaps and corporate bonds in the presence of default contagion. Modelling the values of related firms as correlated geometric Brownian motions with…
The role of mathematics in a complex system such as the Internet has yet to be deeply explored. In this paper, we summarize some of the important and pressing problems in cyber security from the viewpoint of open science environments. We…
Uncertainty, error, and similar complications add to the many challenges of cyber security. Various disciplines have developed methods for managing these complications, but applying these methods involves disambiguating overlapping…
The notion of a credit spread curve is fundamental in fixed income investing, but in practice it is not `given' and needs to be constructed from bond prices either for a particular issuer, or for a sector rating-by-rating. Rather than…
Cyber Security plays an important role in the field of information technology .Securing the information have become one of the biggest challenges in the present day. When ever we think about the cyber security the first thing that comes to…
Cybersecurity awareness can be viewed as the level of appreciation, understanding or knowledge of cybersecurity or information security aspects. Such aspects include cognizance of cyber risks and threats, but also appropriate protection…
Cybersecurity attacks are a major and increasing burden to economic and social systems globally. Here we analyze the principles of security in different domains and demonstrate an architectural flaw in current cybersecurity. Cybersecurity…
Nowadays, both the amount of cyberattacks and their sophistication have considerably increased, and their prevention is of concern of most of organizations. Cooperation by means of information sharing is a promising strategy to address this…
Detecting cyber-anomalies and attacks are becoming a rising concern these days in the domain of cybersecurity. The knowledge of artificial intelligence, particularly, the machine learning techniques can be used to tackle these issues.…
Along with the increasing frequency and severity of cyber incidents, understanding their economic implications is paramount. In this context, listed firms' reactions to cyber incidents are compelling to study since they (i) are a good proxy…
Cybercrimes are on the rise, in part due to technological advancements, as well as increased avenues of exploitation. Sophisticated threat actors are leveraging on such advancements to execute their malicious intentions. The increase in…
Cyber Physical Systems solve complex problems through their tight integration between the physical and computational components. Therefore, the reliability of a complex system is the most critical requirement for the cyber physical system…
A smart city is a place where existing facilities and services are enhanced by digital technology to benefit people and companies. The most critical infrastructures in this city are interconnected. Increased data exchange across municipal…
The escalating frequency and sophistication of cyber threats increased the need for their comprehensive understanding. This paper explores the intersection of geopolitical dynamics, cyber threat intelligence analysis, and advanced detection…
In today's world of E-Commerce everything comes online like Music, E-Books, Shopping all most everything is online. If you are using some service or buying things online then you have to pay for that. For that you have to do Net Banking or…
Cybersecurity is now at the forefront of most organisational digital transformative agendas and National economic, social and political programmes. Hence its impact to society can no longer be seen to be one dimensional. The rise in…
Cyber polygon used to train cybersecurity professionals, test new security technologies and simulate attacks play an important role in ensuring cybersecurity. The creation of such training grounds is based on the use of hypervisors, which…
Cyber-physical systems are at the intersection of digital technology and engineering domains, rendering them high-value targets of sophisticated and well-funded cybersecurity threat actors. Prominent cybersecurity attacks on CPS have…
This work is intended as an introduction to cryptographic security and a motivation for the widely used Quantum Key Distribution (QKD) security definition. We review the notion of security necessary for a protocol to be usable in a larger…