publication . Other literature type . Conference object . 2017

Riski: A Framework For Modeling Cyber Threats To Estimate Risk For Data Breach Insurance

Name: Riski: A Framework For Modeling Cyber Threats To Estimate Risk For Data Breach Insurance
Keywords: Cyber insurance, Optimal Investment, Risk analysis, Serious games

Panou, Angeliki; Ntantogian, Christoforos; Xenakis, Christos;

Open Access

Published: 30 Sep 2017

Publisher: Zenodo

Summary

Abstract

Historically, the financial benefits of cyber security investments have not been calculated with the same financial discipline used to evaluate other material investments. This was mainly due to a lack of readily available data on cyber incidents impacts and systematic methodology to support the efficacy of cyber investments. In this paper we propose an innovative, cyber investment management framework named RiSKi that incorporates detection and continuous monitoring of insiders societal behavior, to the extent permitted by the law, toproactively address implied anomalies and threats and their potential business impact and risks. Moreover, it provides accessto p...