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We address a fundamental problem that is systematically encountered when modeling complex systems: the limitedness of the information available. In the case of economic and financial networks, privacy issues severely limit the information…

Physics and Society · Physics 2015-12-07 Giulio Cimini , Tiziano Squartini , Diego Garlaschelli , Andrea Gabrielli

Revealing the structural features of a complex system from the observed collective dynamics is a fundamental problem in network science. In order to compute the various topological descriptors commonly used to characterize the structure of…

Data Analysis, Statistics and Probability · Physics 2021-02-16 Sebastian Raimondo , Manlio De Domenico

Risks threatening modern societies form an intricately interconnected network that often underlies crisis situations. Yet, little is known about how risk materializations in distinct domains influence each other. Here we present an approach…

Computers and Society · Computer Science 2016-05-03 Boleslaw K. Szymanski , Xin Lin , Andrea Asztalos , Sameet Sreenivasan

Automated cyber threat detection in computer networks is a major challenge in cybersecurity. The cyber domain has inherent challenges that make traditional machine learning techniques problematic, specifically the need to learn continually…

Cryptography and Security · Computer Science 2021-04-29 Frank W. Bentrem , Michael A. Corsello , Joshua J. Palm

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…

Statistics Theory · Mathematics 2023-11-28 Alexandre Boumezoued , Yousra Cherkaoui , Caroline Hillairet

In our more and more interconnected world, a specific risk is that of a cyber-epidemic (or cyber-pandemic), produced either accidentally or intentionally, where a cyber virus propagates from device to device up to undermining the global…

Cryptography and Security · Computer Science 2022-07-13 D. Aleja , G. Contreras-Aso , K. Alfaro-Bittner , E. Primo , R. Criado , M. Romance , S. Boccaletti

Stealth attacks pose potential risks to cyber-physical systems because they are difficult to detect. Assessing the risk of systems under stealth attacks remains an open challenge, especially in nonlinear systems. To comprehensively quantify…

Systems and Control · Electrical Eng. & Systems 2024-05-07 Guang Chen , Zhicong Sun , Yulong Ding , Shuang-hua Yang

Cyber-Physical Systems (CPS) integrate physical and embedded systems with information and communication technology systems, monitoring and controlling physical processes with minimal human intervention. The connection to information and…

Cryptography and Security · Computer Science 2024-09-17 Asila AlHarmali , Saqib Ali , Waqas Aman , Omar Hussain

According to different typologies of activity and priority, risks can assume diverse meanings and it can be assessed in different ways. In general risk is measured in terms of a probability combination of an event (frequency) and its…

Physics and Society · Physics 2009-11-13 C. E. Bonafede , P. Giudici

A central concern of network operators is to estimate the probability of an incident that affects a significant part and thus may yield to a breakdown. We answer this question by modeling how a failure of either a node or an edge will…

Applications · Statistics 2018-02-22 Sandra König

Cyber risk classifications are widely used in the modeling of cyber event distributions, yet their effectiveness in out of sample forecasting performance remains underexplored. In this paper, we analyse the most commonly used…

Cryptography and Security · Computer Science 2024-10-10 Matteo Malavasi , Gareth W. Peters , Stefan Treuck , Pavel V. Shevchenko , Jiwook Jang , Georgy Sofronov

In this paper, a novel cyber-insurance model design is proposed based on system risk evaluation with smart technology applications. The cyber insurance policy for power systems is tailored via cyber risk modeling, reliability impact…

Computer Science and Game Theory · Computer Science 2024-03-20 Pikkin Lau , Lingfeng Wang , Wei Wei , Zhaoxi Liu , Chee-Wooi Ten

As corporates and governments become more digital, they become vulnerable to various forms of cyber attack. Cyber insurance products have been used as risk management tools, yet their pricing does not reflect actual risk, including that of…

Risk Management · Quantitative Finance 2020-07-10 Jiwook Jang , Rosy Oh

We extract firms' cyber risk with a machine learning algorithm measuring the proximity between their disclosures and a dedicated cyber corpus. Our approach outperforms dictionary methods, uses full disclosure and not devoted-only sections,…

Portfolio Management · Quantitative Finance 2024-03-06 Daniel Celeny , Loïc Maréchal

This article considers a short survey of basic methods of social networks analysis, which are used for detecting cyber threats. The main types of social network threats are presented. Basic methods of graph theory and data mining, that…

Social and Information Networks · Computer Science 2018-05-18 Lyudmyla Kirichenko , Tamara Radivilova , Anders Carlsson

Inferring the network topology from the dynamics is a fundamental problem with wide applications in geology, biology and even counter-terrorism. Based on the propagation process, we present a simple method to uncover the network topology.…

Physics and Society · Physics 2013-11-21 An Zeng

Since the latest financial crisis, the idea of systemic risk has received considerable interest. In particular, contagion effects arising from cross-holdings between interconnected financial firms have been studied extensively. Drawing…

Risk Management · Quantitative Finance 2018-10-30 Nils Bertschinger , Julian Stobbe

Topological properties of networks are widely applied to study the link-prediction problem recently. Common Neighbors, for example, is a natural yet efficient framework. Many variants of Common Neighbors have been thus proposed to further…

Social and Information Networks · Computer Science 2014-09-18 Fei Tan , Yongxiang Xia , Boyao Zhu

Electric power grids are at risk of being compromised by high-impact cyber-security threats such as coordinated, timed attacks. Navigating this new threat landscape requires a deep understanding of the potential risks and complex attack…

Cryptography and Security · Computer Science 2021-09-29 Ömer Sen , Dennis van der Velde , Katharina A. Wehrmeister , Immanuel Hacker , Martin Henze , Michael Andres

The frequent occurrence of cyber risks and their serious economic consequences have created a growth market for cyber insurance. The calculation of aggregate losses, an essential step in insurance pricing, has attracted considerable…

Risk Management · Quantitative Finance 2024-08-27 Na Ren , Xin Zhang