CYBECO: Supporting Cyber-Insurance from a Behavioural Choice Perspective

Nikos Vassileiadis, Aitor Couce Vieira, David Rios Insura, Vassilis Chatzigiannakis, Sofia Tsekeridou, Yolanda Gomez, Jose Vila, Deepak Subramanian, Caroline Baylon, Katsiaryna Labunets, Wolter Pieters, Pam Briggs, Dawn Branley-Bell

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

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Abstract

Cyber-insurance can fulfil a key role in improving cybersecurity within companies by providing incentives for them to improve their security, requiring certain minimum protection standards. Unfortunately, so far, cyber-insurance has not been widely adopted. CYBECO focuses on two aspects to fill this gap: (1) including cyber threat behaviour through adversarial risk analysis to support insurance companies in estimating risks and setting premiums and (2) using behavioural experiments to improve IT owners’ cybersecurity decisions. We thus facilitate risk-based cybersecurity investments supporting insurers in their cyber offerings through a risk management modelling framework and tool.
Original languageEnglish
Title of host publicationChallenges in Cybersecurity and Privacy - the European Research Landscape
EditorsJorge Bernal Bernabe, Antonio Skarmeta
Place of PublicationGistrup
PublisherRiver Publishers
Chapter5
Pages103-115
Number of pages13
ISBN (Electronic)9788770220873
ISBN (Print)9788770220880
DOIs
Publication statusPublished - Jul 2019

Publication series

NameSecurity and digital forensics
PublisherRiver publishers

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