000 04004nam a22005535i 4500
001 978-3-031-02381-1
003 DE-He213
005 20240730163914.0
007 cr nn 008mamaa
008 220601s2021 sz | s |||| 0|eng d
020 _a9783031023811
_9978-3-031-02381-1
024 7 _a10.1007/978-3-031-02381-1
_2doi
050 4 _aQ334-342
050 4 _aTA347.A78
072 7 _aUYQ
_2bicssc
072 7 _aCOM004000
_2bisacsh
072 7 _aUYQ
_2thema
082 0 4 _a006.3
_223
100 1 _aLiu, Mingyan.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_981139
245 1 0 _aEmbracing Risk
_h[electronic resource] :
_bCyber Insurance as an Incentive Mechanism for Cybersecurity /
_cby Mingyan Liu.
250 _a1st ed. 2021.
264 1 _aCham :
_bSpringer International Publishing :
_bImprint: Springer,
_c2021.
300 _aXVI, 127 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aSynthesis Lectures on Learning, Networks, and Algorithms,
_x2690-4314
505 0 _aPreface -- Acknowledgments -- Introduction: What is Insurance and What is Cyber Insurance? -- A Basic Cyber Insurance Contract Model -- Insuring Clients with Dependent Risks -- A Practical Underwriting Process -- How to Pre-Screen: Risk Assessment Using Data Analytics -- Open Problems and Closing Thoughts -- Bibliography -- Author's Biography.
520 _aThis book provides an introduction to the theory and practice of cyber insurance. Insurance as an economic instrument designed for risk management through risk spreading has existed for centuries. Cyber insurance is one of the newest sub-categories of this old instrument. It emerged in the 1990s in response to an increasing impact that information security started to have on business operations. For much of its existence, the practice of cyber insurance has been on how to obtain accurate actuarial information to inform specifics of a cyber insurance contract. As the cybersecurity threat landscape continues to bring about novel forms of attacks and losses, ransomware insurance being the latest example, the insurance practice is also evolving in terms of what types of losses are covered, what are excluded, and how cyber insurance intersects with traditional casualty and property insurance. The central focus, however, has continued to be risk management through risk transfer, the key functionality of insurance. The goal of this book is to shift the focus from this conventional view of using insurance as primarily a risk management mechanism to one of risk control and reduction by looking for ways to re-align the incentives. On this front we have encouraging results that suggest the validity of using insurance as an effective economic and incentive tool to control cyber risk. This book is intended for someone interested in obtaining a quantitative understanding of cyber insurance and how innovation is possible around this centuries-old financial instrument.
650 0 _aArtificial intelligence.
_93407
650 0 _aCooperating objects (Computer systems).
_96195
650 0 _aProgramming languages (Electronic computers).
_97503
650 0 _aTelecommunication.
_910437
650 1 4 _aArtificial Intelligence.
_93407
650 2 4 _aCyber-Physical Systems.
_932475
650 2 4 _aProgramming Language.
_939403
650 2 4 _aCommunications Engineering, Networks.
_931570
710 2 _aSpringerLink (Online service)
_981140
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783031002458
776 0 8 _iPrinted edition:
_z9783031012532
776 0 8 _iPrinted edition:
_z9783031035098
830 0 _aSynthesis Lectures on Learning, Networks, and Algorithms,
_x2690-4314
_981141
856 4 0 _uhttps://doi.org/10.1007/978-3-031-02381-1
912 _aZDB-2-SXSC
942 _cEBK
999 _c85113
_d85113