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- W4313395886 abstract "Motivated by the considerable amount of losses in (finance) industry caused every year by the fast growing number of malicious cyber events and the need of an insurance against such cyber losses, we propose a general framework of cyber bond, whose main purpose is to insure (compensate) losses of a cyber attack. Based on a database of publicly available cyber events, we determine cyber loss distribution parameters and use them to numerically simulate cyber bond price, yield, and other characteristics. We also study two approaches to cyber bond coupon calculation." @default.
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- W4313395886 date "2022-12-31" @default.
- W4313395886 modified "2023-09-26" @default.
- W4313395886 title "Cyber Loss Distribution Fitting: A General Framework towards Cyber Bonds and Their Pricing Models" @default.
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- W4313395886 doi "https://doi.org/10.1155/2022/7689828" @default.
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