Related papers: Assessing Supply Chain Cyber Risks
Subjective judgements from experts provide essential information when assessing and modelling threats in respect to cyber-physical systems. For example, the vulnerability of individual system components can be described using multiple…
We focus on model risk and risk sensitivity when addressing the insurability of cyber risk. The standard statistical approaches to assessment of insurability and potential mispricing are enhanced in several aspects involving consideration…
The increasing dependency of modern society on IT systems and infrastructures for essential services (e.g. internet banking, vehicular network, health-IT, etc.) coupled with the growing number of cyber incidents and security vulnerabilities…
The penultimate goal for developing machine learning models in supply chain management is to make optimal interventions. However, most machine learning models identify correlations in data rather than inferring causation, making it…
Industrial reports indicate that security incidents continue to inflict large financial losses on organizations. Researchers and industrial analysts contend that there are fundamental problems with existing security incident response…
Industrial Control Systems (ICS) encompassing resources for process automation are subjected to a wide variety of security threats. The threat landscape is arising due to increased adoption of Commercial-of-the-shelf (COTS) products as well…
This study examines the strategic role of cybersecurity based on survey data from 1,083 managers across Europe, the UK, and the United States. The findings indicate growing recognition of cybersecurity as a source of competitive advantage,…
With our growing reliability on distributed networks, the security aspect of such networks becomes of prime importance. In large scale distributed networks it becomes cardinal to have an efficient and effective monitoring scheme. The…
Although general-purpose AI systems offer transformational opportunities in science and industry, they simultaneously raise critical concerns about safety, misuse, and potential loss of control. Despite these risks, methods for assessing…
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…
Production networks constitute the backbone of every economic system. They are inherently fragile as several recent crises clearly highlighted. Estimating the system-wide consequences of local disruptions (systemic risk) requires detailed…
Organisations often struggle to identify the causes of change in metrics such as product quality and delivery duration. This task becomes increasingly challenging when the cause lies outside of company borders in multi-echelon supply chains…
Cyberinsurance is a powerful tool to align market incentives toward improving Internet security. We trace the evolution of cyberinsurance from traditional insurance policies to early cyber-risk insurance policies to current comprehensive…
Cyber ranges mimic real-world cyber environments and are in high demand. Before building their own cyber ranges, organizations need to deeply understand what construction supplies are available to them. A fundamental supply is the cyber…
Software supply chains, while providing immense economic and software development value, are only as strong as their weakest link. Over the past several years, there has been an exponential increase in cyberattacks specifically targeting…
Risk Analytics is important to quantify, manage and analyse risks from the manufacturing to the financial setting. In this paper, the data challenges in the three stages of the high-performance risk analytics pipeline, namely risk…
This paper proposes a mathematical model for the design of a two-echelon supply chain where a set of suppliers serve a set of terminal facilities that receive uncertain customer demands. This model integrates a number of system decisions in…
Industrial Control Systems (ICSs) are widely used in critical infrastructures that face various cyberattacks causing physical damage. With the increasing integration of the ICSs and information technology (IT), ensuring the security of ICSs…
Recent pandemics have highlighted vulnerabilities in our global economic systems, especially supply chains. Possible future pandemic raises a dilemma for businesses owners between short-term profitability and long-term supply chain…
Owing to recorded incidents of Information technology inclined organisations failing to respond effectively to threat incidents, this project outlines the benefits of conducting a comprehensive risk assessment which would aid proficiency in…