[HTML][HTML] Cyber risk and cybersecurity: a systematic review of data availability

F Cremer, B Sheehan, M Fortmann, AN Kia… - The Geneva papers …, 2022 - ncbi.nlm.nih.gov
Cybercrime is estimated to have cost the global economy just under USD 1 trillion in 2020,
indicating an increase of more than 50% since 2018. With the average cyber insurance …

Cyber risk research in business and actuarial science

M Eling - European Actuarial Journal, 2020 - Springer
We review the academic literature on “cyber risk” and “cyber insurance” in the fields of
business (management, economics, finance, risk management and insurance) and actuarial …

Cyber risk management in the US banking and insurance industry: A textual and empirical analysis of determinants and value

N Gatzert, M Schubert - Journal of Risk and Insurance, 2022 - Wiley Online Library
In this paper, we first construct a cyber risk consciousness score using a text mining
algorithm, applied to annual reports of large‐and mid‐cap US banks and insurers from 2011 …

Modelling and predicting enterprise-level cyber risks in the context of sparse data availability

D Zängerle, D Schiereck - The Geneva Papers on Risk and Insurance …, 2023 - Springer
Despite growing attention to cyber risks in research and practice, quantitative cyber risk
assessments remain limited, mainly due to a lack of reliable data. This analysis leverages …

Analysis of the impact of cyber events for cyber insurance

K Palsson, S Gudmundsson, S Shetty - The Geneva Papers on Risk and …, 2020 - Springer
The mass adoption of cyber insurance will be predicated on the ability to conduct
quantitative cyber risk assessment. This capability is crucial for not only providing insight into …

Time-varying effects of cyberattacks on firm value

M McShane, T Nguyen - The Geneva Papers on Risk and Insurance …, 2020 - Springer
This paper adds to research on the effect of cyber events on the attacked firm's value in light
of conflicting results from previous studies. Using 536 cyberattack announcements that …

Aggregate Cyber-Risk Management in the IoT Age: Cautionary Statistics for (Re)Insurers and Likes

R Pal, Z Huang, X Yin, S Lototsky, S De… - IEEE Internet of …, 2020 - ieeexplore.ieee.org
IoT-driven smart societies are modern service-networked ecosystems, whose proper
functioning is hugely based on the success of supply chain relationships. Robust security is …

[PDF][PDF] Digitalization of the insurance business: Systematization of net effects through the example of Russia

G Kaigorodova, A Mustafina, G Pyrkova, M Grzebyk… - 2021 - covid19.neicon.ru
The pace of digitalization of the insurance industry lags behind similar processes in the
banking sector. The main tasks that a Russian insurer solves when using IT technologies …

How Hard Is Cyber-risk Management in IT/OT Systems? A Theory to Classify and Conquer Hardness of Insuring ICSs

R Pal, P Liu, T Lu, E Hua - ACM Transactions on Cyber-Physical …, 2023 - dl.acm.org
Third-party residual cyber-risk management (RCRM) services (eg, insurance, re-insurance)
are getting increasingly popular (currently, a multi-billion-dollar annual market) with C-suites …

Cyber insurance demand, supply, contracts and cases

MM Boyer - The Geneva Papers on Risk and Insurance-Issues and …, 2020 - Springer
This special issue of The Geneva Papers on Risk and Insurance—Issues and Practice on
Cyber Insurance is the second in three years (see volume 43 of The Geneva Papers …