Security Risk Models for Cyber Insurance

Tackling the cybersecurity challenge is a matter of survival for society at large. Cyber attacks are rapidly increasing in sophistication and magnitude—and in their destructive potential. New threats emerge regularly, the last few years having seen a ransomware boom and distributed denial-of-service attacks leveraging the Internet of Things.

For organisations, the use of cybersecurity risk management is essential in order to manage these threats. Yet current frameworks have drawbacks which ...