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The paper provides a comprehensive overview of modeling and pricing cyber insurance and includes clear and easily understandable explanations of the underlying mathematical concepts. We distinguish three main types of cyber risks:…

Risk Management · Quantitative Finance 2022-12-06 Kerstin Awiszus , Thomas Knispel , Irina Penner , Gregor Svindland , Alexander Voß , Stefan Weber

The rapid advancement of quantum computing poses a significant threat to many current security algorithms used for secure communication, digital authentication, and information encryption. A sufficiently powerful quantum computer could…

Cryptography and Security · Computer Science 2024-07-19 Basel Halak , Cristian Sebastian Csete , Edward Joyce , Jack Papaioannou , Alexandre Pires , Jin Soma , Betul Gokkaya , Michael Murphy

This paper presents a model to represent graphically the impact of cyber events (e.g., attacks, countermeasures) in a polygonal systems of n-sides. The approach considers information about all entities composing an information system (e.g.,…

Cryptography and Security · Computer Science 2017-11-17 Gustavo Gonzalez-Granadillo , Joaquin Garcia-Alfaro , Hervé Debar

Modeling and simulation are widely used in cybersecurity research to assess cyber threats, evaluate defense mechanisms, and analyze vulnerabilities. However, the diversity of application areas, the variety of cyberattacks scenarios, and the…

Cryptography and Security · Computer Science 2025-08-11 Luca Serena , Gabriele D'Angelo , Stefano Ferretti , Moreno Marzolla

The cyber risk insurance market is at a nascent stage of its development, even as the magnitude of cyber losses is significant and the rate of cyber loss events is increasing. Existing cyber risk insurance products as well as academic…

Optimization and Control · Mathematics 2023-10-09 Qikun Xiang , Ariel Neufeld , Gareth W. Peters , Ido Nevat , Anwitaman Datta

Networked Control Systems (NCSs) are integral in critical infrastructures such as power grids, transportation networks, and production systems. Ensuring the resilient operation of these large-scale NCSs against cyber-attacks is crucial for…

Systems and Control · Electrical Eng. & Systems 2025-10-22 Sribalaji C. Anand , Anh Tung Nguyen , André M. H. Teixeira , Henrik Sandberg , Karl H. Johansson

Modern industrial systems face a growing threat from sophisticated cyberattacks that can cause significant operational disruptions. This work presents a novel methodology for identification of the most critical cyberattacks that may disrupt…

Systems and Control · Electrical Eng. & Systems 2024-05-31 Bruno Paes Leao , Jagannadh Vempati , Siddharth Bhela , Tobias Ahlgrim , Daniel Arnold

Recent high-profile cyber attacks exemplify why organizations need better cyber defenses. Cyber threats are hard to accurately predict because attackers usually try to mask their traces. However, they often discuss exploits and techniques…

Computation and Language · Computer Science 2019-02-05 Ashok Deb , Kristina Lerman , Emilio Ferrara

Cyber insurance is a risk-sharing mechanism that can improve cyber-physical systems (CPS) security and resilience. The risk preference of the insured plays an important role in cyber insurance markets. With the advances in information…

Computer Science and Game Theory · Computer Science 2022-03-24 Shutian Liu , Quanyan Zhu

Setting out a path to use quantum computing within a company is not as straightforward as the implementation of classical ICT-projects. The technology is fundamentally different and not mature yet, which makes the development and use…

Emerging Technologies · Computer Science 2025-02-25 Marten Teitsma , Iftikhar Ahmed , Julian van Velzen

In the design of software and cyber-physical systems, security is often perceived as a qualitative need, but can only be attained quantitatively. Especially when distributed components are involved, it is hard to predict and confront all…

Cryptography and Security · Computer Science 2018-03-30 Roberto Vigo , Flemming Nielson , Hanne Riis Nielson

The escalating frequency and sophistication of cyber threats increased the need for their comprehensive understanding. This paper explores the intersection of geopolitical dynamics, cyber threat intelligence analysis, and advanced detection…

Cryptography and Security · Computer Science 2025-09-29 Gustavo Sánchez , Ghada Elbez , Veit Hagenmeyer

Cyber risk refers to the risk of defacing reputation, monetary losses, or disruption of an organization or individuals, and this situation usually occurs by the unconscious use of cyber systems. The cyber risk is unhurriedly increasing day…

Cryptography and Security · Computer Science 2024-04-02 Fatama Tuz Johora , Md Shahedul Islam Khan , Esrath Kanon , Mohammad Abu Tareq Rony , Md Zubair , Iqbal H. Sarker

We review the current status and research challenges in the area of cyber security often called continuous monitoring and risk scoring (CMRS). We focus on two most salient aspects of CMRS. First, continuous collection of data through…

Cryptography and Security · Computer Science 2015-12-29 Alexander Kott , Curtis Arnold

The ability to accurately predict cyber-attacks would enable organizations to mitigate their growing threat and avert the financial losses and disruptions they cause. But how predictable are cyber-attacks? Researchers have attempted to…

Cryptography and Security · Computer Science 2020-04-10 Nazgol Tavabi , Andrés Abeliuk , Negar Mokhberian , Jeremy Abramson , Kristina Lerman

There continue to be numerous breaches publicised pertaining to cyber security despite security practices being applied within industry for many years. This article is intended to be the first in a number of articles as research into cyber…

Cryptography and Security · Computer Science 2016-01-18 Mark Evans , Leandros A. Maglaras , Ying He , Helge Janicke

AI companies and governments are increasingly concerned about frontier AI systems enabling cybercrime, yet defining meaningful capability thresholds requires knowing the scale of cybercrime today. Current estimates of global cybercrime…

Computers and Society · Computer Science 2026-03-24 Kamilė Lukošiūtė , John Halstead , Luca Righetti

Quantum computing is transforming the world profoundly, affecting businesses, organisations, technologies, and human beings' information systems, and will have a profound impact on accounting and finance, particularly in the realm of…

Cryptography and Security · Computer Science 2025-07-09 Huma Habib Shadan , Sardar Islam

Resiliency has garnered attention in the management of critical infrastructure as a metric of system performance, but there are significant roadblocks to its implementation in a realistic decision-making framework. Contrasted to risk and…

Systems and Control · Electrical Eng. & Systems 2026-01-08 Vincent P. Paglioni , Graeme Troxell , Aaron Brown , Steve Conrad , Mazdak Arabi

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
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