This article argues that the costs of credit monitoring should be recoverable in cybersecurity tort litigation. If a data subject's personal information has been seriously exposed to improper access by a data possessor's negligence, expenses incurred to detect the opening of unauthorized...

Cybercrime encompasses criminal acts that involve computers and networks. Thus, “Cybercrime” is a broad term that describes everything from electronic hacking to denial-of-service attacks that cause e-business websites to lose money. Cybercrimes are essentially criminal activities where...

This article discusses the growing identity theft problem in cyberspace, focusing specifically on phishing attacks. Victims of identity theft and phishing attacks suffer direct financial losses, though the real price these crimes exact is in the time and money spent trying to rebuild a victim's...

This paper addresses government policies that can influence commercial practices to weaken security in products and services sold on the commercial market. The debate on information surveillance for national security must include consideration of the potential cybersecurity risks and economic...

In this approach, we used multiple random information from the set theory to understand the proportional of information leaks if any threats happen. In this environment, we try to propose a hybrid architecture, which is a combination of convolutional neural network and decision based neural...

There is not a uniform view of the link between cyber risk and systemic risk: some assume a direct link whereas others query the connection.Beyond nation states, the vast majority of independent cyber attackers are currently unlikely to have the capability to systemically impact the financial...

There have been a few headlines lately reporting how blockchain technology and smart contracts will add an astounding business value. For instance, McKinsey reports that blockchain-based smart contracts can save nearly $50 Billion in B2B transactions. Further, Accenture suggests that...

The Banking Executive Accountability Regime was enacted in February 2018; a month later the Australian Prudential Regulation Authority released a consultation draft of its new Prudential Standard CPS 234 on information security. It requires that an APRA-regulated entity ‘clearly define the...

Insurers currently constrict coverage for losses involving electronic information in traditional insurance product lines. As a result, insurance customers are driven to the brave new world of non-standardized varieties of cyber-risk insurance policies. That world abounds with coverage gaps as...

Cybersecurity breaches may be correlated due to geography, similar infrastructure, or use of a third-party contractor. We show how a copula model may be used to estimate the probability of an attack where breaches may be correlated among firms. Losses arising from cybersecurity breaches have an...