Preventing the Drop in Security Investments for Non-competitive Cyber-Insurance Market
| العنوان: | Preventing the Drop in Security Investments for Non-competitive Cyber-Insurance Market |
|---|---|
| المؤلفون: | Fabio Martinelli, Albina Orlando, Ganbayar Uuganbayar, Artsiom Yautsiukhin |
| المصدر: | Risks and Security of Internet and Systems Lecture Notes in Computer Science ISBN: 9783319766867 CRiSIS 12th International Conference on Risks and Security of Internet and Systems, CRiSIS 2017, pp. 159–174, Dinard, France, 19/09/2017,21/09/2017 info:cnr-pdr/source/autori:Martinelli, Fabio; Orlando, Albina; Uuganbayar, Ganbayar; Yautsiukhin, Artsiom/congresso_nome:12th International Conference on Risks and Security of Internet and Systems, CRiSIS 2017/congresso_luogo:Dinard, France/congresso_data:19%2F09%2F2017,21%2F09%2F2017/anno:2018/pagina_da:159/pagina_a:174/intervallo_pagine:159–174 Lecture Notes in Computer Science Lecture Notes in Computer Science-Risks and Security of Internet and Systems |
| سنة النشر: | 2018 |
| مصطلحات موضوعية: | Pricing strategy Security investments Utility functions, Finance, Competitive markets, Computer science, business.industry, 02 engineering and technology, Cyber security, Mathematical analysis, 020204 information systems, 0202 electrical engineering, electronic engineering, information engineering, Cyber-Insurance, 020201 artificial intelligence & image processing, Cyber insurance, Non competitive, business |
| الوصف: | The rapid development of cyber insurance market brings forward the question about the effect of cyber insurance on cyber security. Some researchers believe that the effect should be positive as organisations will be forced to maintain a high level of security in order to pay lower premiums. On the other hand, other researchers conduct a theoretical analysis and demonstrate that availability of cyber insurance may result in lower investments in security. In this paper we propose a mathematical analysis of a cyber-insurance model in a non-competitive market. We prove that with a right pricing strategy it is always possible to ensure that security investments are at least as high as without insurance. Our general theoretical analysis is confirmed by specific ψases using CARA and CRRA utility functions. |
| ردمك: | 978-3-319-76686-7 978-3-319-76687-4 |
| تدمد: | 0302-9743 1611-3349 |
| DOI: | 10.1007/978-3-319-76687-4_11 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::740e8f9238a83741bb308f91a413c42d |
| حقوق: | OPEN |
| رقم الأكسشن: | edsair.doi.dedup.....740e8f9238a83741bb308f91a413c42d |
| قاعدة البيانات: | OpenAIRE |
| ردمك: | 9783319766867 9783319766874 |
|---|---|
| تدمد: | 03029743 16113349 |
| DOI: | 10.1007/978-3-319-76687-4_11 |