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Related papers: Statistical Modeling of Data Breach Risks: Time to…

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While the size of a data breach is typically measured by the number of (consumer, customer, or user) records exposed or compromised, its economic impact is generally measured from the point of view of the corporation suffering the data…

Cryptography and Security · Computer Science 2026-03-24 Lina Alkarmi , Armin Sarabi , Mingyan Liu

The losses arising from a system being hit by cyber attacks can be staggeringly high, but defending against such attacks can also be costly. This work proposes an attack countermeasure selection approach based on cost impact analysis that…

Cryptography and Security · Computer Science 2019-04-08 Jukka Soikkeli , Luis Muñoz-González , Emil C. Lupu

This paper considers the problem of predicting the number of events that have occurred in the past, but which are not yet observed due to a delay. Such delayed events are relevant in predicting the future cost of warranties, pricing…

Risk Management · Quantitative Finance 2019-03-27 Jonas Crevecoeur , Katrien Antonio , Roel Verbelen

Data breaches have begun to take on new dimensions and their prediction is becoming of great importance to organizations. Prior work has addressed this issue mainly from a technical perspective and neglected other interfering aspects such…

Cryptography and Security · Computer Science 2024-11-20 Hicham Hammouchi , Narjisse Nejjari , Ghita Mezzour , Mounir Ghogho , Houda Benbrahim

There are two strategic and longstanding questions about cyber risk that organizations largely have been unable to answer: What is an organization's estimated risk exposure and how does its security compare with peers? Answering both…

Cryptography and Security · Computer Science 2024-02-12 Taylor Reynolds , Sarah Scheffler , Daniel J. Weitzner , Angelina Wu

In the current market practice, many cyber insurance products offer a coverage bundle for losses arising from various types of incidents, such as data breaches and ransomware attacks, and the coverage for each incident type comes with a…

Risk Management · Quantitative Finance 2023-08-03 Wing Fung Chong , Daniel Linders , Zhiyu Quan , Linfeng Zhang

The success of a security attack crucially depends on time: the more time available to the attacker, the higher the probability of a successful attack. Formalisms such as Reliability block diagrams, Reliability graphs and Attack…

Cryptography and Security · Computer Science 2015-10-02 Rajesh Kumar , Dennis Guck , Marielle Stoelinga

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…

Cryptography and Security · Computer Science 2024-09-09 Lampis Alevizos , Vinh-Thong Ta

A data breach in the modern digital era is the unintentional or intentional disclosure of private data to uninvited parties. Businesses now consider data to be a crucial asset, and any breach of this data can have dire repercussions,…

Cryptography and Security · Computer Science 2023-11-29 Rina Patil , Gayatri Pise , Yatin Bhosale

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…

Cryptography and Security · Computer Science 2016-08-01 Roberto Garrido-Pelaz , Lorena Gozalez-Manzano , Sergio Pastrana

A delay between the occurrence and the reporting of events often has practical implications such as for the amount of capital to hold for insurance companies, or for taking preventive actions in case of infectious diseases. The accurate…

Applications · Statistics 2021-06-24 Roel Verbelen , Katrien Antonio , Gerda Claeskens , Jonas Crevecoeur

Cyber networks are fundamental to many organization's infrastructure, and the size of cyber networks is increasing rapidly. Risk measurement of the entities/endpoints that make up the network via available knowledge about possible threats…

Systems and Control · Electrical Eng. & Systems 2025-01-29 Arda Bayer , David Maluf , Behnaam Aazhang

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…

Systems and Control · Computer Science 2019-11-26 Jezdimir Milosevic , Henrik Sandberg , Karl Henrik Johansson

Identification of cyber threats is one of the essential tasks for security teams. Currently, cyber threats can be identified using knowledge organized into various formats, enumerations, and knowledge bases. This paper studies the current…

Cryptography and Security · Computer Science 2022-06-30 Lukáš Sadlek , Pavel Čeleda , Daniel Tovarňák

Many domains now leverage the benefits of Machine Learning (ML), which promises solutions that can autonomously learn to solve complex tasks by training over some data. Unfortunately, in cyberthreat detection, high-quality data is hard to…

Cryptography and Security · Computer Science 2023-12-12 Tobias Braun , Irdin Pekaric , Giovanni Apruzzese

We present a new machine learning and text information extraction approach to detection of cyber threat events in Twitter that are novel (previously non-extant) and developing (marked by significance with respect to similarity with a…

Information Retrieval · Computer Science 2019-07-19 Avishek Bose , Vahid Behzadan , Carlos Aguirre , William H. Hsu

This paper introduces a statistical model for the arrival times of connection events in a computer network. Edges between nodes in a network can be interpreted and modelled as point processes where events in the process indicate information…

Applications · Statistics 2017-11-29 Matthew Price-Williams , Nick Heard

We study the problem of estimating an unknown parameter in a distributed and online manner. Existing work on distributed online learning typically either focuses on asymptotic analysis, or provides bounds on regret. However, these results…

Systems and Control · Electrical Eng. & Systems 2022-09-15 Lei Xin , George Chiu , Shreyas Sundaram

In times of Industry 4.0 and cyber-physical systems (CPS) providing security is one of the biggest challenges. A cyber attack launched at a CPS poses a huge threat, since a security incident may affect both the cyber and the physical world.…

Cryptography and Security · Computer Science 2019-05-16 Igor Ivkic , Andreas Mauthe , Markus Tauber

Risk assessment is a major challenge for supply chain managers, as it potentially affects business factors such as service costs, supplier competition and customer expectations. The increasing interconnectivity between organisations has put…

Machine Learning · Statistics 2019-11-27 Alberto Redondo , Alberto Torres-Barrán , David Ríos Insua , Jordi Domingo