Cyber Risk Quantification: Investigating the Role of Cyber Value at Risk
نویسندگان
چکیده
The aim of this paper is to deepen the application value at risk in cyber domain, with particular attention its potential role security investment valuation. Cyber a fundamental component overall faced by any organization. In order plan size investments and estimate consequent reduction, managers strongly need quantify it. Accordingly, they can decide about possibility sharing residual third party, such as an insurance company. Recently, management techniques are including some quantile-based measures that widely employed financial domain. They refer that, context, takes name (Cy-VaR). paper, main features challenging issues Cy-VaR examined. possible use measure supporting decisions context discussed, new risk-based metrics proposed. Some simple examples given show their potential.
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ژورنال
عنوان ژورنال: Risks
سال: 2021
ISSN: ['2227-9091']
DOI: https://doi.org/10.3390/risks9100184