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Internet users such as individuals and organizations are subject to different types of epidemic risks such as worms, viruses, spams, and botnets. To reduce the probability of risk, an Internet user generally invests in traditional security…

密码学与安全 · 计算机科学 2011-03-09 Ranjan Pal , Leana Golubchik

Cyber insurance, which protects insured organizations against financial losses from cyberattacks and data breaches, can be difficult and expensive to obtain for many organizations. These difficulties stem from insurers difficulty in…

密码学与安全 · 计算机科学 2026-02-04 Danielle Jean Hanson , Jeremy Straub

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…

计量经济学 · 经济学 2024-12-02 Chaitanya Joshi , Jinming Yang , Sergeja Slapnicar , Ryan K L Ko

This paper introduces a two-pillar cyber risk management framework to address the pervasive challenges in managing cyber risk. The first pillar, cyber risk assessment, combines insurance frequency-severity models with cybersecurity cascade…

风险管理 · 定量金融 2025-01-13 Wing Fung Chong , Runhuan Feng , Hins Hu , Linfeng Zhang

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…

密码学与安全 · 计算机科学 2023-12-06 Shutian Liu , Quanyan Zhu

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…

计算机科学与博弈论 · 计算机科学 2022-03-24 Shutian Liu , Quanyan Zhu

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…

密码学与安全 · 计算机科学 2026-01-26 Elisa Botteghi , Martino S. Centonze , Davide Pastorello , Daniele Tantari

When investing in cyber security resources, information security managers have to follow effective decision-making strategies. We refer to this as the cyber security investment challenge. In this paper, we consider three possible…

计算机科学与博弈论 · 计算机科学 2015-02-20 Andrew Fielder , Emmanouil Panaousis , Pasquale Malacaria , Chris Hankin , Fabrizio Smeraldi

When undertaking cyber security risk assessments, we must assign numeric values to metrics to compute the final expected loss that represents the risk that an organization is exposed to due to cyber threats. Even if risk assessment is…

计算机科学与博弈论 · 计算机科学 2017-12-19 Andrew Fielder , Sandra Konig , Emmanouil Panaousis , Stefan Schauer , Stefan Rass

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…

密码学与安全 · 计算机科学 2007-05-23 Ruperto P. Majuca , William Yurcik , Jay P. Kesan

Pricing insurance for risks associated with information technology systems presents a complex modelling challenge, combining the disciplines of operations management, security, and economics. This work proposes a socioeconomic modelling…

综合经济学 · 经济学 2023-10-05 Henry Skeoch , David Pym

Cyber threats affect all kinds of organisations. Risk analysis is an essential methodology for cybersecurity as it allows organisations to deal with the cyber threats potentially affecting them, prioritise the defence of their assets and…

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…

密码学与安全 · 计算机科学 2019-04-08 Jukka Soikkeli , Luis Muñoz-González , Emil C. Lupu

Internet users such as individuals and organizations are subject to different types of epidemic risks such as worms, viruses, spams, and botnets. To reduce the probability of risk, an Internet user generally invests in traditional security…

密码学与安全 · 计算机科学 2012-02-07 Ranjan Pal

Risk perceptions are essential in cyber insurance contracts. With the recent surge of information, human risk perceptions are exposed to the influences from both beneficial knowledge and fake news. In this paper, we study the role of the…

密码学与安全 · 计算机科学 2022-10-28 Shutian Liu , Quanyan Zhu

Uncertainties in renewable energy resources (RES) and load variations can lead to elevated system operational costs. Moreover, the emergence of large-scale distributed threats, such as load-altering attacks (LAAs), can induce substantial…

系统与控制 · 电气工程与系统科学 2025-12-02 Shijie Pan , Zaint A. Alexakis , S Subhash Lakshminarayana , Charalambos Konstantinou

Cyber attacks continue to be a cause of concern despite advances in cyber defense techniques. Although cyber attacks cannot be fully prevented, standard decision-making frameworks typically focus on how to prevent them from succeeding,…

系统与控制 · 电气工程与系统科学 2025-09-16 Faezeh Shojaeighadikolaei , Shouhuai Xu , Keith Paarporn

Cyber-security breaches inflict significant costs on organizations. Hence, the development of an information-systems defense capability through cyber-security investment is a prerequisite. The question of how to determine the optimal amount…

密码学与安全 · 计算机科学 2021-12-09 Dimitri Percia David , Alain Mermoud , Sébastien Gillard

We explore an optimal impulse control problem wherein an electronic device owner strategically calibrates protection levels against cyber attacks. Utilizing epidemiological compartment models, we qualitatively characterize the dynamics of…

最优化与控制 · 数学 2024-10-24 Caroline Hillairet , Thibaut Mastrolia , Wissal Sabbagh

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…

密码学与安全 · 计算机科学 2026-04-17 Muriel Figueredo Franco , Fabian Künzler , Jan von der Assen , Chao Feng , Burkhard Stiller
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