全球智库信息集成服务系统(G2TT): DP14461 A New Approach to Quantifying, Reducing and Insuring Cyber Risk: Preliminary Analysis and Proposal for Further Research

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP14461
	DP14461 A New Approach to Quantifying, Reducing and Insuring Cyber Risk: Preliminary Analysis and Proposal for Further Research
	Neil Gandal; Michael Riordan; Shalom Bublil
发表日期	2020-03-03
出版年	2020
语种	英语
摘要	Few would dispute that cyber risk is a very serious problem for the global economy and for society. But there is a “disconnect” between acknowledgement of the problem and action to address the problem. What is the relationship between vulnerabilities, preventive measures, and security incidents, like the leaking of sensitive data (say credit card information) to the web? To the best of our knowledge, little if anything is known about the relationship among these variables and no one has examined this issue empirically at the micro level, that is, at the level of the firm. In this paper, we put together a remarkable and unique cross-sectional data set at the firm level that includes information on vulnerabilities, attempted email attacks, incidents (breaches), precautions (security measures.) and firm characteristics. The data set contains slightly under 1000 small and medium firms in the U.K. We empirically examine the data and show that there are meaningful correlations among incidents and the other variables. Finally, we estimate a reduced form model with incidents as the dependent variable to illustrate the potential from employing such data.
主题	Industrial Organization
关键词	Cyber risk Cyber security Cyber insurance Empirical
URL	https://cepr.org/publications/dp14461
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/543359
推荐引用方式 GB/T 7714	Neil Gandal,Michael Riordan,Shalom Bublil. DP14461 A New Approach to Quantifying, Reducing and Insuring Cyber Risk: Preliminary Analysis and Proposal for Further Research. 2020.