A Statistical Study on A New Era of Information Security and Cyber Risk Management: Cyber Insurance |
Author(s): |
| Shreyas Pathak , Gujarat Technological University; Shiny Khajuria, University of Jammu |
Keywords: |
| data breaches, cyber insurance, CLIC, styling |
Abstract |
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Have you ever imagine a bank without security or even lockers? With the prompt extension of the information age, electronic movements of many kinds are becoming more common now days. Recent work in security has illustrated security attacks are unlikely to result in robust cyberspace. With the increasing cost and volume of data breaches, cyber security is quickly moving from being considered by business leaders as a purely technical issue to a larger business risk. This analysis will also discuss the barriers that hamper cyber insurance’s development into a mature market. Lastly, this paper will illustrate the prospective for collaboration between the private sector and academia and suggest a research agenda for the setting of cyber insurance policy premiums. |
Other Details |
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Paper ID: IJSRDV2I11048 Published in: Volume : 2, Issue : 11 Publication Date: 01/02/2015 Page(s): 17-20 |
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