Modeling the effect of spending on cyber security by using surplus process
In this paper, we assume the security level of a system is a quantifiable metric and apply the insurance company ruin theory in assessing the defense failure frequencies. The current security level of an information system can be viewed as the initial insurer surplus; defense investment can be viewe...
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Main Authors: | Nie, Ciyu, Li, Jingchao, Wang, Shaun |
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Other Authors: | Nanyang Business School |
Format: | Article |
Language: | English |
Published: |
2020
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Subjects: | |
Online Access: | https://hdl.handle.net/10356/145254 |
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Institution: | Nanyang Technological University |
Language: | English |
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