Description
This paper provides a framework actuaries can use to think about cyber risk. We propose a differentiated view of cyber versus conventional risk by separating the nature of risk arrival from the target exposed to risk. Our review synthesizes the liter- ature on cyber risk analysis from various disciplines, including computer and network engineering, economics, and actuarial sciences. As a result, we identify possible ways forward to improve rigorous modeling of cyber risk, including its driving factors. This is a prerequisite for establishing a deep and stable market for cyber risk insurance.https://informationsecurity.uibk.ac.at/pdfs/BLR2019_FundamentalApproachCyberRiskInsurance_Variance.pdf
Next sessions
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The Battle Against Bots: Current Threats and New Directions to Counter Automated Attacks
Speaker : Elisa Chiapponi - Amadeus IT Group
In today's digital landscape, the battle between industry and automated bots is an ever-evolving challenge. Attackers are leveraging advanced techniques such as residential proxies, CAPTCHA farms, and AI-enhanced fingerprint rotations to evade detection and execute functional abuse attacks, including web scraping, denial of inventory, and SMS pumping. This talk will explore ongoing efforts[…]-
SoSysec
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Intrusion detection
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Safety-Security Convergence of Industrial Control Systems
Speaker : Maxime Puys - Université Clermont Auvergne - IUT de Clermont-Ferrand
Industrial Control Systems (ICS) are designed to provide a service, such as power generation or water treatment, while protecting people, assets, and the environment against hazards. However, ICS now integrate Information Technology (IT) and are interconnected with the outside world such as the Internet, thereby exposing their infrastructures to cyberattacks. Cyberattacks have thus become new[…]-
SoSysec
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Intrusion detection
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