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Cybersecurity Insurance: Modeling and Pricing

April 2017

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.

Report

Cybersecurity Insurance: Modeling and Pricing

Thank You

The SOA would like to thank the following individuals for serving on the Project Oversight Group:

Vytaras Brazauskas
Julianne Callaway
Ian Genno
Ben Goodman
Henry Lim
Weidong Shi
Scott Lennox, SOA Staff Fellow
Erika Schulty, SOA Research Associate I

Questions or Comments?

If you have comments or questions, please email research@soa.org.