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Cyber Risks in the Smart Home Ecosystem: Identification, Modeling, and Pricing

Cyber Risks in the Smart Home Ecosystem: Identification, Modeling, and Pricing This project enhances the current understanding of cyber risks in the smart home ecosystem from the insurance ...
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Description: This project enhances the current understanding of cyber risks in the smart home ecosystem from the insurance industry's perspective. In particular, the quantitative framework and pricing strategies developed in this project can be immediately adopted/adapted by actuaries to price the cyber risks for smart homes, a fast-growing insurance market.
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- Authors: Society of Actuaries
- Date: Feb 2023
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Topics: Experience Studies & Data; Modeling & Statistical Methods; Technology & Applications; FinTech & InsurTech

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Cyber Risks in the Smart Home Ecosystem: Identification, Modeling, and Pricing