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Digital Asset Treasury (DAT) companies, public firms that hold large crypto reserves as a core strategy, deliver levered exposure to digital assets but face acute downside risk when equity premia over net asset value multiples (mNAV)…

General Finance · Quantitative Finance 2025-11-04 Hongzhe Wen

Blockchain technology relies on decentralization to resist faults and attacks while operating without trusted intermediaries. Although industry experts have touted decentralization as central to their promise and disruptive potential, it is…

Cryptography and Security · Computer Science 2025-06-04 Harang Ju , Ehsan Valavi , Madhav Kumar , Sinan Aral

The cybersecurity threat landscape is constantly actively making it imperative to develop sound frameworks to protect the IT structures. Based on this introduction, this paper aims to discuss the application of cybersecurity frameworks into…

Cryptography and Security · Computer Science 2025-02-04 Amit Lokare , Shripad Bankar , Padmajeet Mhaske

Cyber insurance is a complementary mechanism to further reduce the financial impact on the systems after their effort in defending against cyber attacks and implementing resilience mechanism to maintain the system-level operator even though…

Cryptography and Security · Computer Science 2023-12-06 Shutian Liu , Quanyan Zhu

Extreme volatility, nonlinear dependencies, and systemic fragility are characteristics of cryptocurrency markets. The assumptions of normality and centralized control in traditional financial risk models frequently cause them to miss these…

Risk Management · Quantitative Finance 2025-07-15 Kiarash Firouzi

As time progresses, the need for more secure applications grows exponentially. The different types of sensitive information that is being transferred virtually has sparked a rise in systems that leverage blockchain. Different sectors are…

Cryptography and Security · Computer Science 2024-01-04 Myles Lewis , Chris Crawford

Cryptocurrency markets present unique prediction challenges due to their extreme volatility, 24/7 operation, and hypersensitivity to news events, with existing approaches suffering from key information extraction and poor sideways market…

Computational Finance · Quantitative Finance 2025-10-10 Kairan Hong , Jinling Gan , Qiushi Tian , Yanglinxuan Guo , Rui Guo , Runnan Li

Two of the most important technological advancements currently underway are the advent of quantum technologies, and the transitioning of global financial systems towards cryptographic assets, notably blockchain-based cryptocurrencies and…

Pricing of Securities · Quantitative Finance 2021-02-02 Peter P. Rohde , Vijay Mohan , Sinclair Davidson , Chris Berg , Darcy Allen , Gavin K. Brennen , Jason Potts

In an era of heightened digital interconnectedness, businesses increasingly rely on third-party vendors to enhance their operational capabilities. However, this growing dependency introduces significant security risks, making it crucial to…

Cryptography and Security · Computer Science 2024-11-21 Deepti Gupta , Lavanya Elluri , Avi Jain , Shafika Showkat Moni , Omer Aslan

In this paper, we provide an overview of the recent work in the quantum finance realm from various perspectives. The applications in consideration are Portfolio Optimization, Fraud Detection, and Monte Carlo methods for derivative pricing…

Cryptography and Security · Computer Science 2023-07-04 Abha Naik , Esra Yeniaras , Gerhard Hellstern , Grishma Prasad , Sanjay Kumar Lalta Prasad Vishwakarma

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

Cyber risk has become a critical financial threat in today's interconnected digital economy. This paper introduces a cyber-risk management framework for networked digital systems that combines the strategic behavior of players with…

Cryptography and Security · Computer Science 2026-01-26 Elisa Botteghi , Martino S. Centonze , Davide Pastorello , Daniele Tantari

Blockchain technology has evolved through many changes and modifications, such as smart-contracts since its inception in 2008. The popularity of a blockchain system is due to the fact that it offers a significant security advantage over…

Cyber security threats to the payment and banking system have become a worldwide menace. The phenomenon has forced financial institutions to take risks as part of their business model. Hence, deliberate investment in sophisticated…

Cryptography and Security · Computer Science 2022-12-26 Williams Haruna , Toyin Ajiboro Aremu , Yetunde Ajao Modupe

In modern times, the cryptocurrency market is one of the world's most rapidly rising financial markets. The cryptocurrency market is regarded to be more volatile and illiquid than traditional markets such as equities, foreign exchange, and…

Statistical Finance · Quantitative Finance 2024-12-03 Anika Tahsin Meem

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…

Cryptography and Security · Computer Science 2007-05-23 Ruperto P. Majuca , William Yurcik , Jay P. Kesan

In recent years, cryptocurrencies have enjoyed increased popularity in all domains. Thus, in this context, it is important to understand how these digital assets can be transmitted, both legally and efficiently, in the event of the death of…

Computers and Society · Computer Science 2024-10-31 Cristina Carata , Ana-Luisa Chelaru

Internet of Things (IoT) is highly vulnerable to emerging Advanced Persistent Threats (APTs) that are often operated by well-resourced adversaries. Achieving perfect security for IoT networks is often cost-prohibitive if not impossible.…

Cryptography and Security · Computer Science 2019-11-25 Rui Zhang , Quanyan Zhu

This paper provides an in-depth review of the evolving role of quantum computing in the financial sector, emphasizing both its computational potential and cybersecurity implications. Distinguishing itself from existing surveys, this work…

Quantum Physics · Physics 2025-09-01 Gerhard Hellstern , Esra Yeniaras

The last decades have been characterized by unprecedented technological advances, many of them powered by modern technologies such as Artificial Intelligence (AI) and Machine Learning (ML). The world has become more digitally connected than…

Cryptography and Security · Computer Science 2024-01-04 Marc Schmitt