Centro de Documentacion de Fundación MAPFRE - Cybersecurity insurance : modeling and pricing

Physical description: 31 p. Notes: Sumario: Cybersecurity risk has attracted considerable attention in recent decades. However, the modeling of cybersecurity risk is still in its infancy, mainly because of its unique characteristics. In this study, we develop a framework for modeling and pricing cybersecurity risk. The proposed model consists of three components: the epidemic model, loss function, and premium strategy. We study the dynamic upper bounds for the infection probabilities based on both Markov and non-Markov models. A simulation approach is proposed to compute the premium for cybersecurity risk for practical use. The effects of different infection distributions and dependence among infection processes on the losses are also studied.Related records: En: North American actuarial journal. - Schaumburg : Society of Actuaries, 1997- = ISSN 1092-0277. - 03/06/2019 Tomo 23 Número 2 - 2019 , p. 220-249Materia / lugar / evento: Ciberseguridad Ciberriesgos Valoración de riesgos Teoría precios Riesgos emergentes Tarificación Otros autores: Hua, Lei
Other categories: 6

Rights: In Copyright (InC)

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