Does Insurance Have a Future in Governing Cybersecurity?¶
Woods, D. W., & Moore, T. (2020). Does Insurance Have a Future in Governing Cybersecurity?. IEEE Security & Privacy, 18(1), 21-27.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Risk Transfer
- Moral-hazard mitigation transfers to cybersecurity: insurance copays, deductibles, and exclusions for negligent practices map onto cyber-insurance underwriting that requires demonstrated security controls such as multi-factor authentication and patching, the structural problem being identical — keep the transferor taking care after the trade.
This sourceShows cyber-insurance underwriting requiring demonstrated security controls (MFA, patching) as moral-hazard mitigation.
- Moral-hazard mitigation transfers to cybersecurity: insurance copays, deductibles, and exclusions for negligent practices map onto cyber-insurance underwriting that requires demonstrated security controls such as multi-factor authentication and patching, the structural problem being identical — keep the transferor taking care after the trade.
Verification¶
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