Related papers: Cyber bonds and their pricing models
This paper provides a comprehensive literature review on applications of economic and pricing theory to security issues in wireless networks. Unlike wireline networks, the broadcast nature and the highly dynamic change of network…
Internet of Things (IoT) devices are rapidly becoming universal. The success of IoT cannot be ignored in the scenario today, along with its attacks and threats on IoT devices and facilities are also increasing day by day. Cyber attacks…
Cybercrime is a growing threat to organizations and individuals worldwide, with criminals using sophisticated techniques to breach security systems and steal sensitive data. This paper aims to comprehensively survey the latest advancements…
Active cyber defenses based on temporal platform diversity have been proposed as way to make systems more resistant to attacks. These defenses change the properties of the platforms in order to make attacks more complicated. Unfortunately,…
Cybercrime is estimated to cost the global economy almost \$10 trillion annually and with businesses and governments reporting an ever-increasing number of successful cyber-attacks there is a growing demand to rethink the strategy towards…
This paper provides the first large-scale data-driven analysis to evaluate the predictive power of different attributes for assessing risk of cyberattack data breaches. Furthermore, motivated by rapid increase in third party enabled…
This paper presents a new model for pricing financial derivatives subject to collateralization. It allows for collateral arrangements adhering to bankruptcy laws. As such, the model can back out the market price of a collateralized…
Development of sustainable insurance for cyber risks, with associated benefits, inter alia requires reduction of ambiguity of the risk. Considering cyber risk, and data breaches in particular, as a man-made catastrophe clarifies the…
This paper studies the security of cyber-physical systems under attacks. Our goal is to design system parameters, such as a set of initial conditions and input bounds so that it is secure by design. To this end, we propose new sufficient…
Computation encounter the new approach of cloud computing which maybe keeps the world and possibly can prepare all the human's necessities. In other words, cloud computing is the subsequent regular step in the evolution of on-demand…
In this study we examine the nature of losses from cyber related events across different risk categories and business sectors. Using a leading industry dataset of cyber events, we evaluate the relationship between the frequency and severity…
With the emergence of new online channels and information technology, digital advertising tends to substitute more and more to traditional advertising by offering the opportunity to companies to target the consumers/users that are really…
The abundance of cyber-physical components in modern day power grid with their diverse hardware and software vulnerabilities has made it difficult to protect them from advanced persistent threats (APTs). An attack graph depicting the…
The paper analyzes the mathematics of the relationship between the default risk and yield-to-maturity of a coupon bond. It is shown that the yield-to-maturity is driven not only by the default probability and recovery rate of the bond but…
Index insurance is often proposed to reduce protection gaps, especially for emerging risks. Unlike traditional insurance, it bases compensation on a measurable index, enabling faster payouts and lower claim management costs. This approach…
Resilience is a feature that is gaining more and more attention in computer science and computer engineering. However, the definition of resilience for the cyber landscape, especially embedded systems, is not yet clear. This paper discusses…
Information technology is redefining national security and the use of force by state and nonstate actors. The use of force over the Internet warrants analysis given recent terrorist attacks. At the same time that information technology…
Web password recovery, enabling a user who forgets their password to re-establish a shared secret with a website, is very widely implemented. However, use of such a fall-back system brings with it additional vulnerabilities to user…
With the growing digital transformation of the worldwide economy, cyber risk has become a major issue. As 1 % of the world's GDP (around $1,000 billion) is allegedly lost to cybercrime every year, IT systems continue to get increasingly…
In today's digital age, cyberspace has become integral to daily life, however it has also led to an increase in cybercriminal activities. This paper explores cybercrime trends and highlights the need for cybercrime awareness…