Cybersecurity: Impact on Insurance Business and Operations

Abstract

Given that cyber risk is a major driver of operational risk and that businesses and individuals are looking to the insurance industry to provide coverage for the cyber risks they face, we asked authors to “share their thoughts and reflections on either how insurance companies should deal with cyber risk in an ERM context, or how insurance companies can respond to society’s call to action to expand cybersecurity insurance offerings.” We received several papers exploring a variety of ideas that spanned concepts such as Markov analysis and fuzzy logic.

Volume
Volume 6
Page
1-20
Year
2017
Categories
Financial and Statistical Methods
Statistical Models and Methods
Fuzzy Sets
Actuarial Applications and Methodologies
Enterprise Risk Management
Practice Areas
Risk Management
Publications
Joint Risk Management Section Research Committee