Building resilience in cybersecurity: An artificial lab approach

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Awiszus, K.; Bell, Y.; Lüttringhaus, J.; Svindland, G.; Voß, A. et al.: Building resilience in cybersecurity: An artificial lab approach. In: Journal of Risk and Insurance, The (2023), online first. DOI: https://doi.org/10.1111/jori.12450

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To cite the version in the repository, please use this identifier: https://doi.org/10.15488/16144

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Sum total of downloads: 23




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Abstract: 
Based on classical contagion models we introduce an artificial cyber lab: the digital twin of a complex cyber system in which possible cyber resilience measures may be implemented and tested. Using the lab, in numerical case studies, we identify two classes of measures to control systemic cyber risks: security- and topology-based interventions. We discuss the implications of our findings on selected real-world cybersecurity measures currently applied in the insurance and regulation practice or under discussion for future cyber risk control. To this end, we provide a brief overview of the current cybersecurity regulation and emphasize the role of insurance companies as private regulators. Moreover, from an insurance point of view, we provide first attempts to design systemic cyber risk obligations and to measure the systemic risk contribution of individual policyholders.
License of this version: CC BY-NC 4.0 Unported
Document Type: Article
Publishing status: publishedVersion
Issue Date: 2023
Appears in Collections:Juristische Fakultät

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pos. country downloads
total perc.
1 image of flag of Germany Germany 11 47.83%
2 image of flag of United States United States 8 34.78%
3 image of flag of Ireland Ireland 1 4.35%
4 image of flag of France France 1 4.35%
5 image of flag of China China 1 4.35%
6 image of flag of Canada Canada 1 4.35%

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