A Fundamental Approach to Cyber Risk Analysis
Zusammenfassung
This article provides a framework for actuaries to think about cyber risk. We propose a differentiated view on cyber versus conventional risk by separating the nature of risk arrival from the target exposed to risk. Our review synthesizes the literature 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.
Schlüsselwörter
Cyber risk; information technology; networks; economic modeling
Zitieren als
Böhme, R., Laube, S., & Riek, M. (2018). A Fundamental Approach to Cyber Risk Analysis. Variance, 11(2). (online first)Details
Publikationstyp
Forschungsartikel (Zeitschrift)
Begutachtet
Ja
Publikationsstatus
online first
Jahr
2018
Fachzeitschrift
Variance
Band
11
Ausgabe
2
Sprache
Englisch
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