Showing 1 - 9 of 9
The use of the cloud to store personal/company data and to run programs is gaining wide acceptance as it is more efficient and cost-effective. However, cloud services may not always be available, which could lead to losses for customers and the cloud provider (the provider is typically obligated...
Persistent link: https://www.econbiz.de/10013471219
Correlation in cyber risk represents an additional source of concern for utility and industrial infrastructures, where risks may be introduced by connected systems. A major means of reducing risk is to transfer it through insurance. In this paper, we consider a company which has peripheral...
Persistent link: https://www.econbiz.de/10014375312
Cybersecurity breach probability functions describe how cybersecurity investments impact the actual vulnerability to cyberattacks through the probability of success of the attack. They essentially use mathematical models to make cyber-risk management choices. This paper provides an overview of...
Persistent link: https://www.econbiz.de/10014230817
Investments in security and cyber-insurance are two cyber-risk management strategies that can be employed together to optimize the overall security expense. In this paper, we provide a closed form for the optimal investment under a full set of insurance liability scenarios (full liability,...
Persistent link: https://www.econbiz.de/10012423138
Cyber security importance has escalated globally, driven by its pivotal role in shaping daily life, encompassing both personal and non-personal aspects. Cyber security breach probability functions play a crucial role in comprehending how cyber security investments affect vulnerability to cyber...
Persistent link: https://www.econbiz.de/10014370550
In the past years, there has been an extensive investigation of the class of stochastic volatility models for the evaluation of options and complex derivatives. These models have proven to be extremely useful in generalizing the classic Black-Scholes economy and accounting for discrepancies...
Persistent link: https://www.econbiz.de/10013368982
In the past years, there has been an extensive investigation of the class of stochastic volatility models for the evaluation of options and complex derivatives. These models have proven to be extremely useful in generalizing the classic Black-Scholes economy and accounting for discrepancies...
Persistent link: https://www.econbiz.de/10013473177
This paper introduces a model for intraday copper futures prices based on a stochastic differential equation (SDE). In particular, we derive an SDE that fits the model to the data and that is based on the whitening filter approach, a method characterizing linear time-variant systems. This method...
Persistent link: https://www.econbiz.de/10014228905
The Industry 4.0 paradigm represents the fourth industrial revolution, embodied by the marriage between information and communication technologies and manufacturing. Assessment campaigns are conducted to examine the status of deployment of that paradigm, mostly through self-assessment...
Persistent link: https://www.econbiz.de/10013170259