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Titlebook: Embracing Risk; Cyber Insurance as a Mingyan Liu Book 2021 Springer Nature Switzerland AG 2021

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发表于 2025-3-21 16:28:49 | 显示全部楼层 |阅读模式
书目名称Embracing Risk
副标题Cyber Insurance as a
编辑Mingyan Liu
视频video
丛书名称Synthesis Lectures on Learning, Networks, and Algorithms
图书封面Titlebook: Embracing Risk; Cyber Insurance as a Mingyan Liu Book 2021 Springer Nature Switzerland AG 2021
描述This 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 look
出版日期Book 2021
版次1
doihttps://doi.org/10.1007/978-3-031-02381-1
isbn_softcover978-3-031-01253-2
isbn_ebook978-3-031-02381-1Series ISSN 2690-4306 Series E-ISSN 2690-4314
issn_series 2690-4306
copyrightSpringer Nature Switzerland AG 2021
The information of publication is updating

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A Practical Underwriting Process,ents. In this chapter we will show what this means in practice by delving into a model that resembles much closer the reality, and analyzing it within the context of a standard underwriting framework commonly used in the insurance industry.
发表于 2025-3-22 06:12:50 | 显示全部楼层
How to Pre-Screen: Risk Assessment Using Data Analytics, insurance can be used as an effective incentive mechanism, provided that the insurer has the ability to pre-screen, i.e., reasonably accurately assess the “effort” exerted by the insured, or equivalent the insured’s cyber risk. In practice, this information is obtained through various proxies.
发表于 2025-3-22 12:39:53 | 显示全部楼层
Open Problems and Closing Thoughts,d crimes, and very often the extremely high cost they incur not just in loss in revenue but also in terms of damage to a brand name. This book highlights two key elements in effective cyber insurance underwriting if the goal is not only risk transfer but also risk reduction: the ability to accuratel
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https://doi.org/10.1007/978-1-349-07326-9tion in Chapter 5. On the other hand, as illustrated in this book, standard insurance practice is not structured to readily take into account external risk dependencies, and this in turn is preventing the use of insurance policies as a more effective risk control mechanism.
发表于 2025-3-22 22:00:34 | 显示全部楼层
Open Problems and Closing Thoughts,tion in Chapter 5. On the other hand, as illustrated in this book, standard insurance practice is not structured to readily take into account external risk dependencies, and this in turn is preventing the use of insurance policies as a more effective risk control mechanism.
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