Cybersecurity attacks have been on the rise, and their economic cost has dramatically increased in the past year. This article does a thorough study of cyber security insurers and finds that their policies are relatively uniform. There also is an absence of historical data on this threat, which makes it challenging for cyber insurance stakeholders. Through a thorough analysis of certain datasets and suggestions of machine-readable data, instead of open data, the article mentions various paths forward for strengthening defenses against the evolving threat of cybersecurity.
Author:
Frank Cremer, Barry Sheehan, Michael Fortmann, Arash N. Kia, Martin Mullins, Finbarr Murphy & Stefan Materne
