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The Economic impact of extreme cyber risk

 
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<title>Economic impact of extreme cyber risk</title>
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<namePart>Elvedi, Mauro</namePart>
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<namePart>Falco, Greg</namePart>
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<abstract displayLabel="Summary">Numerous industry studies discuss the economic effects of potentially extreme cyber incidents, with considerable variation in the applied methodology and estimated costs. We implement a dynamic inoperability inputoutput model that allows a consistent analysis and comparison of the economic impacts resulting from six widely discussed cyber risk scenarios. Our model accounts for the frequently omitted qualitative context of the scenarios to be considered as part of the economic projection. Overall, our loss estimations remain in an insurable range from US$0.7 to 35 billion. To our knowledge, this is the first effort to develop a standardized evaluation framework that allows for a consistent assessment of cyber risk scenarios, thereby enabling comparability </abstract>
<note type="statement of responsibility">Martin Eling, Mauro Elvedi, Greg Falco</note>
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<topic>Análisis económico</topic>
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mailto:centrodocumentacion@fundacionmapfre.org?subject=Consulta%20de%20una%20publicaci%C3%B3n%20&body=Necesito%20m%C3%A1s%20informaci%C3%B3n%20sobre%20este%20documento%3A%20%0A%0A%5Banote%20aqu%C3%AD%20el%20titulo%20completo%20del%20documento%20del%20que%20desea%20informaci%C3%B3n%20y%20nos%20pondremos%20en%20contacto%20con%20usted%5D%20%0A%0AGracias%20%0A
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<title>North American actuarial journal</title>
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<identifier type="issn">1092-0277</identifier>
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<text>06/09/2023 Tomo 27 Número 3 - 2023 , 16 p.</text>
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