MATEC Web Conf.
Volume 210, 201822nd International Conference on Circuits, Systems, Communications and Computers (CSCC 2018)
|Number of page(s)||4|
|Published online||05 October 2018|
Possibilities of modelling the impact of cyber threats in cyber risk insurance
Tomas Bata University in Zlin, Faculty of Applied Informatics, Department of Security Engineering, Nad Stráněmi 4511, 760 05, Zlín, Czech Republic
* Corresponding author: firstname.lastname@example.org
In the last few years, we could see that a lot of world organizations are contested by different ways, which we are called as cyber threats or cyber risks. Many of organizations are well secured, but the most of them admitted that they are not able to successfully prevent these attacks and they tried to find other ways to mitigate the risk. This paper describes a possible approach to modeling the impact of selected cyber threats in the field of providing cyber-risk insurance. It compares predefined organizational parameters in relation to cyber threats scenarios. The main results include modeling the impact of selected cyber threats on the organization’s parameters. Based on these results, it is possible to quantify possible financial impacts and, on the basis of this, to propose an optimal amount of insurance cover.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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