Title :
Mitigating Risk with Cyberinsurance
Author :
Meland, Per Hakon ; Tondel, Inger Anne ; Solhaug, Bjornar
Abstract :
To achieve a proper balance between security investments and acceptable loss, businesses take a mixed approach to risk management. In addition to preventive and remedial actions and self-insurance, many are now buying cyberinsurance, a cost-saving but still-developing strategy.
Keywords :
business data processing; insurance; risk management; security of data; acceptable loss; businesses; cost-saving; cyberinsurance; preventive action; remedial action; risk management; risk mitigation; security investments; self-insurance; Computer crime; Computer security; Information security; Investments; Risk management; cyberattacks; cybercrime; cyberinsurance; cybersecurity; risk analysis; risk management; security;
Journal_Title :
Security Privacy, IEEE
DOI :
10.1109/MSP.2015.137
