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Insurability of cyber risk : an empirical analysis

Recurso electrónico / electronic resource
Registro MARC
Tag12Valor
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100  ‎$0‎MAPA20110012465‎$a‎Biener, Christian
24510‎$a‎Insurability of cyber risk‎$b‎: an empirical analysis‎$c‎Christian Biener, Martin Elinga, Jan Hendrik Wirfs
520  ‎$a‎This paper discusses the adequacy of insurance for managing cyber risk. To this end, we extract 994 cases of cyber losses from an operational risk database and analyse their statistical properties. Based on the empirical results and recent literature, we investigate the insurability of cyber risk by systematically reviewing the set of criteria introduced by Berliner (1982). Our findings emphasise the distinct characteristics of cyber risks compared with other operational risks and bring to light significant problems resulting from highly interrelated losses, lack of data and severe information asymmetries. These problems hinder the development of a sustainable cyber insurance market. We finish by discussing how cyber risk exposure may be better managed and make several suggestions for future research
650 4‎$0‎MAPA20140022700‎$a‎Ciberseguridad
650 4‎$0‎MAPA20080631239‎$a‎Seguro contra el fraude informático
650 4‎$0‎MAPA20080587581‎$a‎Riesgo informático
650 4‎$0‎MAPA20080587598‎$a‎Riesgo operacional
650 4‎$0‎MAPA20140023066‎$a‎Ciberataques
650 4‎$0‎MAPA20080567965‎$a‎Asegurabilidad
650 4‎$0‎MAPA20080548575‎$a‎Pérdidas
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080578879‎$a‎Análisis empírico
650 4‎$0‎MAPA20080591182‎$a‎Gerencia de riesgos
7001 ‎$0‎MAPA20150006233‎$a‎Elinga, Martin
7001 ‎$0‎MAPA20150005014‎$a‎Wirfs, Jan Hendrik
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎05/01/2015 Volumen 40 Número 1 - enero 2015 , p. 131-158