Related papers: Optimisation of cyber insurance coverage with sele…
We consider an investor who wants to select her/his optimal consumption, investment and insurance policies. Motivated by new insurance products, we allow not only the financial marke but also the insurable loss to depend on the regime of…
Though the sharing of medical data has the potential to lead to breakthroughs in health care, the sharing process itself exposes patients and health care providers to various risks. Patients face risks due to the possible loss in privacy or…
Outsourcing of information and communication technologies (ICT) and related services is an established and growing industry. Recent trends, such as the move toward multi-sourcing have increased the complexity and risk of these outsourcing…
The ever increasing number of cyber attacks requires the cyber security and forensic specialists to detect, analyze and defend against the cyber threats in almost realtime. In practice, timely dealing with such a large number of attacks is…
Heterogeneous wireless networks (HWNs) composed of densely deployed base stations of different types with various radio access technologies have become a prevailing trend to accommodate ever-increasing traffic demand in enormous volume.…
The new cyber attack pattern of advanced persistent threat (APT) has posed a serious threat to modern society. This paper addresses the APT defense problem, i.e., the problem of how to effectively defend against an APT campaign. Based on a…
Cybersecurity risk management consists of several steps including the selection of appropriate controls to minimize risks. This is a difficult task that requires to search through all possible subsets of a set of available controls and…
This paper introduces a novel complexity-informed approach to cybersecurity management, addressing the challenges found within complex cyber defences. We adapt and extend the complexity theory to cybersecurity and develop a quantitative…
Based on a point of view that solvency and security are first, this paper considers regular-singular stochastic optimal control problem of a large insurance company facing positive transaction cost asked by reinsurer under solvency…
Quantum computing is a cutting-edge field of information technology that harnesses the principles of quantum mechanics to perform computations. It has major implications for the cyber security industry. Existing cyber protection…
Cyber Security plays an important role in the field of information technology .Securing the information have become one of the biggest challenges in the present day. When ever we think about the cyber security the first thing that comes to…
Network connectivity exposes the network infrastructure and assets to vulnerabilities that attackers can exploit. Protecting network assets against attacks requires the application of security countermeasures. Nevertheless, employing…
Cyber-physical systems are becoming core of the most modern systems consisting control, data sharing and real-time monitoring. While centralized control technique has been implemented in the past, recent innovation in distributed control…
Owing to recorded incidents of Information technology inclined organisations failing to respond effectively to threat incidents, this project outlines the benefits of conducting a comprehensive risk assessment which would aid proficiency in…
The interconnectivity of cyber and physical systems and Internet of things has created ubiquitous concerns of cyber threats for enterprise system managers. It is common that the asset owners and enterprise network operators need to work…
Major events like natural catastrophes or the COVID-19 crisis have impact both on the financial market and on claim arrival intensities and claim sizes of insurers. Thus, when optimal investment and reinsurance strategies have to be…
In this paper, we investigate the control of a cyber-physical system (CPS) while accounting for its vulnerability to external attacks. We formulate a constrained stochastic problem with a robust constraint to ensure robust operation against…
Risk is part of the fabric of every business; surprisingly, there is little work on establishing best practices for systematic, repeatable risk identification, arguably the first step of any risk management process. In this paper, we…
Modern smart grids offer several types of digital control and monitoring of electric power transmission and distribution that enable greater efficiency and integrative functionality than traditional power grids. These benefits, however,…
In this paper, we study an optimal reinsurance-investment problem in a risk model with two dependent classes of insurance business, where the two claim number processes are correlated through a common shock component. We assume that the…