The growth of the Internet of Things (IoT) has accelerated digital transformation processes in organizations and cities. However, it has also opened new security challenges due to the complexity and dynamism of these systems. The application of security risk analysis methodologies used to...

Using China's Cybersecurity Law (CSL) as an exogenous shock, I examine how personal data security affects stock crash risk. I find that the stock crash risk of treatment firms (which collect personal data) significantly decreases after the CSL, and such decrease is larger when firms face greater...

This book explains the most important technical terms and contents and assigns them to the corresponding areas. It also includes seemingly peripheral areas that play a role in information security. For instance, the topic complexes of functional Safety and Privacy are examined in terms of their...

Medical devices are increasingly connected, both to cyber networks and to sensors collecting data from physical stimuli. These cyber-physical systems pose a new host of deadly security risks that traditional notions of cybersecurity struggle to take into account. Previously, we could predict how...

Cyber risk, defined as the risk of loss from dependence on computer systems and digital technologies, has grown in the financial system. Cyber events, especially cyberattacks, are among the top risks cited in financial stability surveys in the United States and globally

This presentation advances upon recent world leading Cybersecurity-CyberFinance Computational Risk Analytics Research selected for 30 SSRN Top-10 Research Ranking Awards and invited for presentation at the 2015 Princeton Quantitative Trading Conference. The primary focus of the presentation is...

Cyber risk, a type of operational risk, is today considered a key component in the enterprise risk management framework. Under BASEL regulations, a bank could recognize the risk mitigating impact of the Cyber Liability Insurance (CLI) contract while calculating the minimum operational risk...

To avert the impending global Cyber-Finance Insurance Crisis based upon large-scale commercial reliance upon quantitative models with inherent model risks, tail risks, and systemic risks in current form, this post-doctoral thesis makes the following key contributions: Develops the first known...

This paper examines the impact of cybercrime and hacking events on equity market volatility across publicly traded corporations. The volatility influence of these cybercrime events is shown to be dependent on the number of clients exposed across all sectors and the type of the cyber security...