The Economics of Cyber-Insurance

被引:13
|
作者
Kshetri, Nir [1 ]
机构
[1] Univ North Carolina Greensboro, Management, Bryan Sch Business & Econ, Greensboro, NC 27412 USA
关键词
D O I
10.1109/MITP.2018.2874210
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
The cyber-insurance market currently is at a nascent stage. According to the German reinsurance company Munich Re, worldwide spending on cyber-insurance was US$3.4-US$4 billion in 2017, which is estimated to increase to US$ 8-US$ 9 billion by 2020 (https://tinyurl.com/ycrwhvlf). Cyber-insurance premiums currently account for only a tiny fraction of total insurance premiums. For instance, only in OECD economies do total insurance premium exceed US$ 5 trillion in 2016 (https://data.oecd.org/insurance/gross-insurance-premiums.htm).
引用
收藏
页码:9 / 14
页数:6
相关论文
共 50 条
  • [31] An expansion formula for Hawkes processes and application to cyber-insurance derivatives
    Hillairet, Caroline
    Reveillac, Anthony
    Rosenbaum, Mathieu
    STOCHASTIC PROCESSES AND THEIR APPLICATIONS, 2023, 160 : 89 - 119
  • [32] Embracing and controlling risk dependency in cyber-insurance policy underwriting
    Khalili, Mohammad Mahdi
    Liu, Mingyan
    Romanosky, Sasha
    JOURNAL OF CYBERSECURITY, 2019, 5 (01):
  • [33] A Cyber-Insurance Scheme for Water Distribution Systems Considering Malicious Cyberattacks
    Zhang, Yunfan
    Wang, Lingfeng
    Liu, Zhaoxi
    Wei, Wei
    IEEE TRANSACTIONS ON INFORMATION FORENSICS AND SECURITY, 2021, 16 : 1855 - 1867
  • [34] Optimal Cyber-Insurance Contract Design for Dynamic Risk Management and Mitigation
    Zhang, Rui
    Zhu, Quanyan
    IEEE TRANSACTIONS ON COMPUTATIONAL SOCIAL SYSTEMS, 2022, 9 (04): : 1087 - 1100
  • [35] Improving the Efficiency of Blockchain Applications with Smart Contract based Cyber-insurance
    Xu, Jia
    Wu, Yongqi
    Luo, Xiapu
    Yang, Dejun
    ICC 2020 - 2020 IEEE INTERNATIONAL CONFERENCE ON COMMUNICATIONS (ICC), 2020,
  • [36] Security Pricing as Enabler of Cyber-Insurance A First Look at Differentiated Pricing Markets
    Pal, Ranjan
    Golubchik, Leana
    Psounis, Konstantinos
    Hui, Pan
    IEEE TRANSACTIONS ON DEPENDABLE AND SECURE COMPUTING, 2019, 16 (02) : 358 - 372
  • [37] Analysing cyber-insurance claims to design harm-propagation trees
    Axon, Louise
    Erola, Arnau
    Agrafiotis, Ioannis
    Goldsmith, Michael
    Creese, Sadie
    2019 INTERNATIONAL CONFERENCE ON CYBER SITUATIONAL AWARENESS, DATA ANALYTICS AND ASSESSMENT (CYBER SA), 2019,
  • [38] Preventing the Drop in Security Investments for Non-competitive Cyber-Insurance Market
    Martinelli, Fabio
    Orlando, Albina
    Uuganbayar, Ganbayar
    Yautsiukhin, Artsiom
    RISKS AND SECURITY OF INTERNET AND SYSTEMS, CRISIS 2017, 2018, 10694 : 159 - 174
  • [39] Cyber-Insurance as a Signaling Game: Self-reporting and External Security Audits
    Laszka, Aron
    Panaousis, Emmanouil
    Grossklags, Jens
    DECISION AND GAME THEORY FOR SECURITY, GAMESEC 2018, 2018, 11199 : 508 - 520
  • [40] Competitive Security Pricing in Cyber-Insurance Market: A Game-Theoretic Analysis
    Feng, Shaohan
    Xiong, Zehui
    Niyato, Dusit
    Wang, Ping
    2018 IEEE 88TH VEHICULAR TECHNOLOGY CONFERENCE (VTC-FALL), 2018,