This report develops a framework for modeling and pricing cybersecurity risk. The proposed model consists of three components: epidemic models, loss functions and premium strategies. The dynamic upper bounds for the infection probabilities based on both Markov and non-Markov models are studied.
Cybersecurity Insurance: Modeling and Pricing
The SOA would like to thank the following individuals for serving on the Project Oversight Group:
Scott Lennox, SOA Staff Fellow
Erika Schulty, SOA Research Associate I
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