Cyber insurance is a rapidly developing area which draws more and more attention of
practitioners and researchers. Insurance, an alternative way to deal with residual risks, was …

We propose a comprehensive formal framework to classify all market models of cyber-
insurance we are aware of. The framework features a common terminology and deals with …

This article studies security decisions of identical plant-controller systems, when their
security is interdependent due to network induced risks. Each plant is modeled by a discrete …

This paper investigates how competitive cyber-insurers affect network security and welfare
of the networked society. In our model, a user's probability to incur damage (from being …

Entities in the Internet, ranging from individuals and enterprises to service providers, face a
broad range of epidemic risks such as worms, viruses, and botnet-driven attacks. Those …

This paper provides a framework actuaries can use to think about cyber risk. We propose a
differentiated view of cyber versus conventional risk by separating the nature of risk arrival …

Cyber insurance is a viable method for cyber risk transfer. However, it has been shown that
depending on the features of the underlying environment, it may or may not improve the …

This chapter reviews the evolution in risk and insurance economics over the past 50 years,
first recalling the situation in 1973 and then presenting the developments and new …

After scrutinizing technical, legal, financial, and actuarial aspects of cyber risk, a new
approach for modelling cyber risk using marked point processes is proposed. Key …

This article presents a framework for managing cyber-risks in large-scale interdependent
networks where cyber insurers are strategic players. In our earlier work, we imposed that …