Related papers: Incident-Specific Cyber Insurance
Nowadays security is major concern for any user connected to the internet. Various types of attacks are to be performed by intruders to obtaining user information as manin-middle attack, denial of service, malware attacks etc. Malware…
Crypto-ransomware has caused an unprecedented scope of impact in recent years with an evolving level of sophistication. An extensive range of studies have been on defending against ransomware and reviewing the efficacy of various…
This paper addresses the problem of children's online safety in the context of the growing digital landscape. With a surge in the use of digital technology among children, there has been an increase in online safety harms, risks and…
We study the design of an optimal insurance contract in which the insured maximizes her expected utility and the insurer limits the variance of his risk exposure while maintaining the principle of indemnity and charging the premium…
Developing intelligent, interoperable Cyber Threat Information (CTI) sharing technologies can help build strong defences against modern cyber threats. CTIs allow the community to share information about cybercriminals' threats and…
Risk aversion and insurance are two prominent and interconnected concepts in economics and finance. To explore their fundamental connection, we introduce risk-insurance parity, which associates various classes of insurance contracts with…
Industrial cyber-physical systems (ICPSs) manage critical infrastructures by controlling the processes based on the "physics" data gathered by edge sensor networks. Recent innovations in ubiquitous computing and communication technologies…
A real time portal (www.ganamoscybersecure.org) to enlighten people on how to protect their data in the web, the strategies adopted by cyber criminals to succeed in exploiting their victims as well as the mistakes made by people and…
Digitization increases business opportunities and the risk of companies being victims of devastating cyberattacks. Therefore, managing risk exposure and cybersecurity strategies is essential for digitized companies that want to survive in…
Protecting against cyber-threats is vital for every organization and can be done by investing in cybersecurity controls and purchasing cyber insurance. However, these are interlinked since insurance premiums could be reduced by investing…
Information on cyber-related crimes, incidents, and conflicts is abundantly available in numerous open online sources. However, processing the large volumes and streams of data is a challenging task for the analysts and experts, and entails…
We propose a framework for cyber risk assessment and mitigation which models attackers as formal planners and defenders as interdicting such plans. We illustrate the value of plan interdiction problems by first modeling network cyber risk…
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…
With the recent growth in the number of malicious activities on the internet, cybersecurity research has seen a boost in the past few years. However, as certain variants of malware can provide highly lucrative opportunities for bad actors,…
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…
Risk management is particularly concerned with extreme events, but analysing these events is often hindered by the scarcity of data, especially in a multivariate context. This data scarcity complicates risk management efforts. Various tools…
This paper concerns the security of the electric power transmission grid facing the threat of malicious cyber-physical attackers. We posit that there is no such thing as perfectly effective cyber-security. Rather, any cyber-security measure…
This paper presents a comparative survey of cyberthreat and attack trends starting from 2010 till date Cyber security breaches are constantly on the rise with huge uncertainty and risks The trend is causing rife globally because of its…
It is well-known that Excess-of-Loss reinsurance has more marketability than Stop-Loss reinsurance, though Stop-Loss reinsurance is the most prominent setting discussed in the optimal (re)insurance design literature. We point out that…
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…