CYBECO: Supporting Cyber-Insurance from a Behavioural Choice Perspective
Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review
DOI
Departments
External departments
- Delft University of Technology
- Trek Consulting
- Institute of Mathematical Sciences (ICMAT)
- Spanish National Research Council (CSIC)
- Intrasoft International S.A.
- Devstat
- AXA Technology Services
Details
Original language | English |
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Title of host publication | Challenges in Cybersecurity and Privacy - the European Research Landscape |
Editors | Jorge Bernal Bernabe, Antonio Skarmeta |
Place of Publication | Gistrup |
Publisher | River Publishers |
Chapter | 5 |
Pages | 103-115 |
Number of pages | 13 |
ISBN (Electronic) | 9788770220873 |
ISBN (Print) | 9788770220880 |
DOIs | |
Publication status | Published - Jul 2019 |
Publication series
Name | Security and digital forensics |
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Publisher | River publishers |
Publication type | Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-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.
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